Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Tuesday up after its main Tadawul All Share Index (TASI) surged 1.08% or 85.08 points to 7,942.5 points, touching its highest level in about 31 months, or since 19 August 2015.
The Saudi bourse is awaiting FTSE Russell’s quarterly review for the global stock exchanges due on Wednesday, 28 March.
By the end of the mid-week session, TASI’s trading volume stood at 181 million shares, against 173.6 million on Monday, while traded value increased to SAR 4.4 billion, from SAR 4.2 billion.
Saudi Industrial Export Co’s (SIEC) stock led the bourse’s gainers with 5.95%, reaching SAR 276, whereas Saudi Public Transport Co.’s (SAPTCO) stock was the worst performer with 3.18% to finish at SAR 16.4.
Dar Al Arkan Real Estate Development Company’s stock acquired TASI’s activities after 38.8 million shares were exchanged, with SAR 475.6 million in a turnover.
The utilities, real estate management and development, materials, banks, and telecommunication services sectors levelled up 2.4%, 1.9%, 1.7%, 1.02%, and 0.48%, respectively.
On the flipside, the media sector decreased 1.4%, while transportation segment fell 1.03%.
In the meantime, the benchmark index of the Nomu-Parallel Market, NOMU, went down 0.3% or 9.5 points, closing at 2,976.9 points.
Nomu’s trading volume reached 60,300 shares, with a turnover of SAR 1.15 million.