Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Wednesday in the green after its main Tadawul All Share Index (TASI) levelled up 0.25% or 18.95 points to 7,650.12 points, registering its highest level since October 2015.
TASI’s trading volume reached 230.43 million shares on Wednesday, against 215.8 million on Tuesday, while traded value increased to SAR 4.94 billion ($1.3 billion), from SAR 4.55 billion ($1.2 billion).
The pharmaceuticals sector rose 1.97%, followed by healthcare equipment and services with 1.82%, materials with 0.75%, telecommunications services with 0.74%, and banks with 0.47%.
On the other hand, the insurance sector fell 1.86% and media levelled down 1.71%.
Tabuk Cement’s stock was TASI’s best performer with 9.96%, closing Wednesday at SAR 14.46, whereas the Company for Cooperative Insurance’s (Tawuniya) stock led losers with 4.11% to SAR 83.70.
In the meantime, the benchmark index of the Nomu-Parallel Market, NOMU, plunged 1.96% or 60.18 points, finishing at 3,005.08 points.
Al-Omran Industrial Trading’s stock declined 4.93% to SAR 15.80, whereas Al-Kathiri Holding Company’s stock inched up 0.54% to SAR 22.28.