Tadawul All Share Index (TASI) ended Sunday’s session with a rise by as much as 0.63% or 70.09 points to 11112.12 points, compared with 11042.03 points on Thursday. Thus, the index shut above the 11100 mark for the first time since January 20, 2008. The measure also managed for the fifth time to open the week above a new record level.
During the period July 17-August 31, the index gained 1325.25 points, or 13.54%, which is equal to half of its gains year-to-date, which reached 2576.52 points, or 30.19%.
All sectors ended in the green territory, as the index was mainly buoyed by small and mid-cap sectors. Small-cap Insurance sector led the way on gains (+2.17%), followed by energy (+2.08%), agriculture (+1.11%), retail (+1.06%) and industrial investment (+1.04%) and transportation (+0.80%). The banks sector took the seventh position (+0.67%).
Sunday’s turnover fell 2.43% to SAR 9.75 billion from SAR 9.99 billion on Thursday. It is 20.35% and 1.23% lower than the average weekly and monthly turnover of SAR 12.2 billion and SAR 9.88 billion respectively.
Meanwhile, traded volume rose 0.74% to 330.52 million shares, from 328 million shares on Thursday. It is 17.5% lower than the average weekly traded volume of 400 million shares but 16.4% higher than the average monthly traded volume of 283.95 million shares.
Tracking stock performance, advancers outnumbered decliners by 122 to 28.
Insurance stocks were the top gainers, taking the nine positions among today’s top ten gainers. The top advancers were led by companies whose losses exceeded half their respective capital, namely Wafa Insurance (+10%). It was followed by Sanad (+9.87%), then Axa Insurance (+9.82%), then Arabia Insurance (+9.77%) and Salama (+7.39%).
On the negative side, Al Khodari was the biggest loser (-3.13%), followed by Al Rajhi Takaful (-1.9%) then Advanced (-1.24%).
Saudi Kayan was the most active in terms of traded value and volume, after 52.5 million of its shares were exchanged at SAR 897.6 million. It was followed in terms of turnover by Dar
Al Arkan (SAR 495.27 million), then Zain KSA (SAR 469.39 million). It was followed in terms of traded volume by Zain KSA (41.7 million shares) and Dar Al Arkan (31.3 million shares).
During the period July 17-August 31, the index gained 1325.25 points, or 13.54%, which is equal to half of its gains year-to-date, which reached 2576.52 points, or 30.19%.
All sectors ended in the green territory, as the index was mainly buoyed by small and mid-cap sectors. Small-cap Insurance sector led the way on gains (+2.17%), followed by energy (+2.08%), agriculture (+1.11%), retail (+1.06%) and industrial investment (+1.04%) and transportation (+0.80%). The banks sector took the seventh position (+0.67%).
Sunday’s turnover fell 2.43% to SAR 9.75 billion from SAR 9.99 billion on Thursday. It is 20.35% and 1.23% lower than the average weekly and monthly turnover of SAR 12.2 billion and SAR 9.88 billion respectively.
Meanwhile, traded volume rose 0.74% to 330.52 million shares, from 328 million shares on Thursday. It is 17.5% lower than the average weekly traded volume of 400 million shares but 16.4% higher than the average monthly traded volume of 283.95 million shares.
Tracking stock performance, advancers outnumbered decliners by 122 to 28.
Insurance stocks were the top gainers, taking the nine positions among today’s top ten gainers. The top advancers were led by companies whose losses exceeded half their respective capital, namely Wafa Insurance (+10%). It was followed by Sanad (+9.87%), then Axa Insurance (+9.82%), then Arabia Insurance (+9.77%) and Salama (+7.39%).
On the negative side, Al Khodari was the biggest loser (-3.13%), followed by Al Rajhi Takaful (-1.9%) then Advanced (-1.24%).
Saudi Kayan was the most active in terms of traded value and volume, after 52.5 million of its shares were exchanged at SAR 897.6 million. It was followed in terms of turnover by Dar
Al Arkan (SAR 495.27 million), then Zain KSA (SAR 469.39 million). It was followed in terms of traded volume by Zain KSA (41.7 million shares) and Dar Al Arkan (31.3 million shares).
Source:
Mubasher Exclusive
