By Mouaz bin Saad

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) shut on a positive note Sunday, as the benchmark rose 1.15% or 110.55 points to 9,725 points.

Sunday’s traded volume amounted to more than 367 million shares, exchanged in over 145,000 transactions at traded value exceeding SAR 9 billion.

Thirteen sectors moved higher, topped by petrochemical industries (+3.05%), then industrial investment (+1.55%) and multi-investment (+1.54%). Banks and financial services also rose 0.75%, while real estate development gained 0.27%.

The agriculture and food industries sector was down 0.04%, while hotel and tourism lost 0.01%.

Eighty-three stocks were in the green, spearheaded by AXA Cooperative (+9.97%), then Saudi Cable (+9.90%) and Salama (+9.70%). On the negative front, 58 stocks were in the red, led by Riyadh Development (-3.41%), then Budget Saudi (-3.12%) and Almarai (-1.83%).

Giant petrochemical producer SABIC was the top active with turnover exceeding SAR 839 million. It was followed by Alinma Bank with SAR 760 million and property developer Dar Al Arkan with SAR 504 million.

Meanwhile, Dar Al Arkan came on top with traded volume reaching 55.595 million shares, followed by Alinma with 31.334 million shares and Saudi Kayan with 21.947 million shares.

Translated by Sayed Abdel Rahman