Tadawul closes 6M high on Thursday

Riyadh – Mubasher: The main index of the Saudi Stock Exchange (Tadawul) rose 2.33% or 148.4 points to stand at 6,528.05 points on Thursday.

The market’s gains coincided the rebound of oil prices and the aftermath of US President Donald Trump’s winning of the US presidency elections.

Traded value reached SAR 6.5 billion, recording the highest liquidity in six month since posting SAR 6.7 billion on 28 April.

Traded volume rose 3.2% to 429.99 million shares on Thursday, compared to 467.3 million shares on Wednesday.

The media sector led the best performers advancing 9.78%, supported by Saudi Research and Marketing Group and Saudi Printing and Packaging which hiked 9.86% and 9.56%, respectively.

The transport sector increased 4.07%, backed by United International Transport’s (Budget Saudi Arabia) and National Shipping Company of Saudi Arabia's (Bahri) which added 9.82% and 3.74%, respectively.

The agriculture and real estate development sectors also rose 3.92% and 2.55%, respectively, followed by the banks and petrochemical sectors which went up 2.24% and 1.6%, respectively.

Mubasher Contribution Time: 10-Nov-2016 16:12 (GMT)
Mubasher Last Update Time: 10-Nov-2016 16:12 (GMT)