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Tadawul extends gains till mid-trade; Alalamiya leads

Tadawul extends gains till mid-trade; Alalamiya leads

By Mouaz bin Saad

Riyadh-Mubasher: The Tadawul All Share Index (TASI) continued its uptrend till mid-session on Wednesday, rising 2.66% or 231.18 points to reach 8917 points.

More than 305.5 million shares were exchanged in above 119 thousand transactions at more than SAR 7 billion.

147 stocks headed north, topped by Alalamiya (+9.79%), then Yansab (+8.85%) and Samba (+7.99%).

Meanwhile, 10 other stocks headed south, led by Trade Union (-8.83%), followed by Mobily (-1.07%) and Budget (-1.01%).

Dar Al Arkan came on top with number of transactions and traded volume.

Translated by Sayed Abdel Rahman

Photo Credit: Arabianeye-Reuters