Tadawul, Nomu see positive performance in week

Riyadh – Mubasher: The main index of the Saudi Stock Exchange (Tadawul) levelled up 1.79% or 122.95 points to reach 7,001.63 points in the week ended 30 March compared to 6,878.68 points in last week.

The market’s turnover shrank 5.3% to SAR 14.3 billion ($3.8 billion) from SAR 15.12 billion ($4.03 billion) a week ago.

The trading volume retreated 15% to 655.88 million shares from 771.5 million in the past week.

Tadawul’s market cap gained SAR 27 billion ($7.21 billion) to reach SAR 1.638 trillion ($436.81 billion) from SAR 1.611 trillion ($429.61 billion) in the previous week.

As for Nomu-Parallel Market, the main index added 0.54% to stand at 5,119.28 points at the week ended 30 March from 5,091.60 points last week.

Nomu’s turnover increased to SAR 96.16 million from SAR 81.2 million a week ago, with a rise in the traded volume to 4.06 million shares compared to 3.86 million shares in the previous week.

The REITs and insurance were the only losing sectors falling 1.89% and 1.27%, respectively.

The food retailing sector led the best performers and rose 4.58%, followed by the banks sector by 2.02%.

The material and telecom sectors went up 1.92% and 0.87%, respectively.

Taiba Holding topped the green zone and hiked 11.48% to SAR 44.37, while Medgulf led the red one and decreased 6.16% to SAR 22.87.

Alinma bank was the most active stock in terms of traded values and volumes with 136.8 million shares were exchanged at a value of SAR 2.04 billion. The stock gained 0.74% to SAR 15.02.

MUBASHER Contribution Time: 30-Mar-2017 15:14 (GMT)
MUBASHER Last Update Time: 30-Mar-2017 15:14 (GMT)