Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) has closed Monday’s trading activities on a mixed note, after its benchmark Tadawul All Share Index (TASI) surged, while the secondary market fell to its lowest level since launching.
TASI jumped 104.06 points, or 1.3% to 8,326.59 points, registering its highest level in six sessions.
TASI’s trading volume stood at 123.45 million shares on Monday, up from 105.52 million shares on Sunday, while traded value increased to SAR 3.08 billion, from SAR 2.75 billion.
The energy, materials, and banks sectors went up 2.1%, 1.7%, and 1.6%, respectively.
On the flipside, the media sector fell 1.7%, while consumer durables and apparel inched down 0.8%.
Saudi Real Estate’s (Al Akaria) stock rose 6.2%, whereas Fawaz Abdulaziz AlHokair’s stock was the worst performer after dropping 3.9%.
The Saudi Basic Industries Corporations’ (SABIC) stock acquired liquidity after generating SAR 504.12 million, while Alinma Bank’s stock was the most active in terms of trading volume after 22.59 million shares were exchanged.
In the meantime, NOMU, the main index of the Nomu-Parallel Market, tumbled 26.61 points, or 0.9%, reaching 2,851.86 points, recording its lowest level since launching on 26 February 2017.
Nomu’s traded value plunged to SAR 2.58 million on Monday, from SAR 7.98 million on Sunday, while trading volume reached 187,950 shares, down from 594,920 shares.
Thob Al-Aseel Company’s stock levelled down 1.7%, whereas Baazeem Trading’s stock gained 1.3%.
Raydan Co’s stock was the most active after 157,200 shares were exchanged, with a turnover of SAR 2.05 million.