Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) extended its winning run to the second successive day, backed by blue chips, and amid buoyant trading activity.

The benchmark index TASI gained 0.19% or 17.38 points to close at 9104.27 points; thus regaining its position above the 9100 barrier after closing below it for two successive sessions.

Wednesday’s traded volume amounted to 227 million shares, which it its highest level since 27 May. Turnover also rose to SAR 8.3 billion, also the highest level since 21 May.

Ten sectors were in green, topped by telecoms (+2.05%), then insurance (+1.41%) and transportation (+1.07%). Banks and petrochemical industries also rose 0.38% and 0.23% in a row.

Meanwhile, five other sectors were in red, led by media and publishing (-1.22%), then cement (-0.99%) and real estate development (-0.80%).

Tracking stocks, Takween was the best performer among 77 risers, followed by Trade Union (+9.84%) and Salama (+6.92%). On the flipside, Saudi Cement led the 68 decliners, followed by eXtra (-4.26%) and Vitrified Clay (-2.46%).