By Majid Al Shabib
Riyadh – Mubasher: Saudi Stock Exchange (Tadawul) gained 36 points or 0.53% to close Wednesday’s session at 6,953 points.
The market was supported mainly by SABIC, Atheeb and Ma’aden; SABIC rose for the third successive session, while Ma’aden jumped 4.4% to shut at its highest level in three months.
The market liquidity fell to SAR 4.2 billion, from SAR 4.4 billion yesterday, while traded volume reached 211 million shares exchanged in 90,000 transactions.
Five stocks dominated 47% of the market liquidity, namely Alinma Bank, SABIC, Ma’aden, Saudi Printing and Al Rajhi.
Twelve sectors headed north, topped by media and publishing (+3.7%), then industrial investment (+2.4%) and petrochemical industries (+1.2%). Meanwhile, the remaining three sectors headed south, led by hotel and tourism (-1.6%), then cement (-0.43%) and multi-investment.
96 stocks moved up, spearheaded by Saudi Fisheries and Alinma Tokio Marine with the maximum rate, followed by SRMG with a rise of 4.5%.
On the negative front, 65 other stocks moved down, led by Tabuk Cement (-3%), then GASCO (-2.6%) and GACO (-2.2%).
Translated by Sayed Abdel Rahman
