By: Mohamed Idris
Riyadh - Mubasher: Riyadh - Mubasher: The Saudi Stock Exchange (Tadwul) ended Monday rising 0.69% or 43.56 points, closing at 6345.7 points, amidst expectations of continuous gains.
Today’s rise comes after 9 consecutive sessions of decline, and in conjunction with the announcement of the financial results the first half of 2016, financial analyst Ahmed Elmaliki told Mubasher.
On Monday, more than 187 million shares were traded through 78,000 transactions, at a turnover of SAR 3.3 billion, 3% less than Sunday’s total turnover of SAR 3.4 billion.
A total of 129 stocks rose today, while 35 other fell.
As for the sectors’ performance, 11 sectors levelled up, while the remaining 4 went down.
Industrial investment led rising sectors, adding 3.02%, followed by real estate development and insurance by 2.11% and 1.83%, respectively.
The media and publishing sector declined the most by 2.26%, followed by telecommunications with 1.09%.
SIDC led gainers surging 10% to SAR 11.35 per share, followed by MESC which grew 9.76% to SAR 7.65.
Meanwhile, Malath led losers, dropping 10%, followed by Tihama and Arriyadh Development with 9.7% and 4.03%, respectively.
Alinma Bank had both the biggest traded volume and value with 47.1 million shares traded at a total turnover of SAR 662.7 million.
Translated by: Moslem Ali
