Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) ended Tuesday's trading session on a mixed note after its benchmark Tadawul All Share Index (TASI) surged 71.51 points, or 0.86%, to 8,406.90 points, registering its highest growth in nearly three years or since August 2015, while the parallel market index finished the mid-week session in decline.
TASI’s trading volume hit 138.22 million shares on Tuesday, down from 175.46 million on Monday, while liquidity fell to SAR 3.44 billion, from SAR 4.49 billion.
The food and beverages sector rose 3.7%, followed by the commercial and professional services, banking and materials sectors with 3.1%, 1.1%, and 0.4%.
On the flipside, the telecommunication services sector shed 0.55%, while the transportation sector inched down 0.4%.
Al Sorayai Trade and Industrial Group’s stock led gainers with 8.4%, while AXA Cooperative Insurance’s stock was the worst performer with 2.9%.
Dar Al-Arkan Real-Estate Development Company’s stock topped the bourse in terms of traded volume after 36.65 million shares were exchanged, while the Saudi Basic Industries Corporation’s (SABIC) stock led in terms of liquidity after generating SAR 604.92 million.
In the meantime, the benchmark index of the Nomu-Parallel Market, NOMU, tumbled 22.87 points, or 0.74%, to hit 3,070.23 points.
The parallel market’s trading volume decreased to 61,690 shares on Tuesday, from 449,240 shares on Monday, while traded value reached SAR 743,430, compared to SAR 4.88 million.
Raydan Co’s stock fell 5.7%, while the stock of Thob Al-Aseel Company edged up 0.6%.
Arab Sea Information System’s stock dominated Nomu’s activities after 33,490 shares were exchanged, with a turnover of SAR 375,670.
