Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Tuesday in the green after its benchmark Tadawul All Share Index (TASI) surged 0.8% or 62.81 points, to finish the week’s mid-session at 7,631.17 points, registering its highest level in 27 months or since 20 October 2015.
TASI’s trading volume stood at 215.79 million shares on Tuesday, against 273.71 million on Monday, while traded value decreased to SAR 4.55 billion, from SAR 4.74 billion.
The healthcare equipment and services sector gained 2.8%, followed by media with 1.6%, banks with 1.3%, and materials with 0.7%.
On the flipside, the insurance, pharmaceuticals, and telecommunications services sectors levelled down 1%, 0.98%, and 0.15%, respectively.
National Medical Care Company’s stock was TASI’s best performer with 5.7%, whereas the Mediterranean and Gulf Insurance and Reinsurance Group’s (Medgulf) stock led the bourse’s losers with 9.6%.
Dar Al Arkan Real Estate Development’s stock topped TASI in terms of trading volume after 63.53 million shares were exchanged, while Al Inma Bank’s stock was the most active in terms of liquidity, generating SAR 855.19 million.
In the meantime, the main index of the Nomu-Parallel Market, NOMU, declined 0.08% or 2.52 points to 3,065.26 points.
Nomu’s traded volume reached 27,820 shares on Tuesday, against 151,640 on Monday, while liquidity tumbled to SAR 532,560, from SAR 3.08 million.
The stocks of Arab Sea Information System Development Works Food fell 1.6% and 1.2%, respectively, whereas Al-Samaani Factory for Metal Industries’ stock jumped 17.3% and Al-Kathiri Holding Company’s stock grew 4.6%.
Raydan Co’s stock acquired Nomu’s trading volume after 9,150 shares were exchanged, with a turnover of SAR 137,730.
