Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closes on a positive note on Monday, to jump above the 7,000 points level.
The main index rose 1.66% or 114.25 points to stand at 7,013.18 points.
Traded values increased to SAR 5.5 billion ($1.47 billion) compared to SAR 4.66 billion ($1.24 billion) on Sunday.
Traded volumes also levelled up to 309.95 million shares compared to 278.75 million shares yesterday.
Three sectors came in the red zone led by the real estate investment traded funds which shed 0.84%.
The utilities sector topped gainers adding 2.82%, back by the Saudi Electricity Company (SEC) and GASCO which rose 2.72% to SAR 21.15 and 1.95% to SAR 31.40, respectively.
The banks sector gained 2.2%, affected by Al Rajhi Bank and the National Commercial Bank (NCB) which grew 1.85% to SAR 64.25 and 1.21% to SAR 42.50, respectively.
The capital goods sector increased 1.54%, supported by SABIC which went up 0.65% to SAR 94.
The telecom sector rose 1.38%, backed by Mobily and Saudi Telecom Company (STC) which hiked 5.46% to SAR 21.65 and 0.03% to SAR 67.25, respectively.
Al Inma Bank was the most active in terms of traded values of SAR 458.4 million; the stock added 2.4% to SAR 15.10.
Dar Al Arkan was the most active in terms of traded volume exchanging 66.57 million; the stock went down 0.49% to SAR 6.10.