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TASI continues rise by mid-day; turnover reaches SAR 5bn

TASI continues rise by mid-day; turnover reaches SAR 5bn
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By Mohammed Idries

Riyadh-Mubasher: Tadawul All-Share Index (TASI) extended its uptrend by mid-day, jumping 4% or 330 points to 7,714 pts. 

Turnover reached around SAR 4.9 billion, after 230 million shares were traded in over 88,000 transactions.

 Petrochem was the top advancer, surging 10% to SAR 20.35. It was followed by Saudi Chemical which was up 8% at SAR 58.5.

Alinma Bank was the most active in number of trades which reached 5,373. Dar Al-Arkan led in trading volume with 42.7 million shares.  

Translated by Abdul Maguid Aboshahla