Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) went up in the first week of April, breaking above 9,000 points, pushed up by the banking sector, with market capitalisation rising SAR 61.46 billion ($16.39 billion).
The Tadawul All-Share Index (TASI) adds 275.04 points, or 3.1%, to 9,063.88 points in a week, while market capitalisation increased to SAR 2.141 trillion.
The joint index between Tadawul and MSCI, MT30 index, rose 48.01 points to 1,350.92 points.
On the other end of the spectrum, the benchmark index of the Nomu secondary market (NOMU) lost 84.52 points, or 2.3%, to 3,604.03 points.
The banking sector topped the market’s gainers in a week, growing 5%, while the telecommunications sector added 2.8% and the materials sector went up 1.8%.
Moreover, the media and entertainment sector lost 4.4% and the pharmaceuticals sector shed 3.26%.
Tadawul’s trading volume reached 677.47 million shares over the week, while the market’s liquidity hit SAR 16.75 billion.
