Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) ended Tuesday’s trading on a positive note, maintain the upward trend for the third consecutive day despite a decline in liquidity.
The Tadawul All Share Index (TASI) increased by 0.4% or 28.9% points and closed at the level of 7,329.38 points.
Traded values decreased to SAR 5.24 billion, down from SAR 5.58 billion on Monday, after 264.66 million shares were traded, compared with 275.3 million shares yesterday.
The majority of market sector indices saw a positive performance, as banks added 0.69%, energy rose by 0.29%, while materials and telecom increased by 0.17% and 0.07%, respectively.
Only five market sectors closed in red, as pharmaceuticals lost 1.38%, while software plunged by 0.92%.
As for the stocks’ performance, 121 stocks ended the session in gains, 67 closed in red, while seven stocks remained unchanged.
Saudi Paper Manufacturing (SPM) topped the rising stocks and soared by 9.95%, while Gulf Union was the biggest decliner as it dropped by 5.27%.
Al Rajhi recorded the highest turnover with SAR 399.7 million, while Dar Alarkan was the most actively traded stock with 19.02 million shares.
Meanwhile, the Nomu-Parallel Market Capped Index (NomuC) declined by 0.68% or 56.32 points to settle at the level of 8,175.14 points.
