Riyadh – Mubasher: The main index of Saudi Stock Exchange (Tadawul) ended a four-day losing streak after closing Tuesday with a rise of 0.77% or 49.61 points to the level of 6,474.84 points.
The media and publishing was the best performing sector with a growth of 5.7%, backed by a collective rise by its stocks, topped by Saudi Research and Marketing with an increase of 7.67%.
The petrochemicals sector also advanced 1.14% as SABIC and SAFCO rose 0.68% and 0.8% respectively.
The banks sector grew 0.52% as Al-Rajhi Bank gained 1.63%, while National Commercial Bank fell 0.91%.
On the other hand, the energy sector shrank 0.55%, affected by a 0.36% decline in Saudi Electricity.
The telecom sector also dropped by 0.2% as Mobily decreased 0.75%, while STX rose 0.35%.
Turnover shrank to SAR 4.1 billion from SAR 6.2 billion on Monday, trading volume decreased to 201 million shares from 298.5 million shares.
SABIC made the highest liquidity of SAR 482.4 million, whereas Alinma Bank was the largest-traded stock with a volume of 34.4 million shares.
The index closed yesterday falling 3.07%.
Translated by: Elwy el-Manzalawy
