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TASI, Nomu rise at Thursday’s close

TASI, Nomu rise at Thursday’s close
TASI’s traded volume stood at 153.62 million shares on Thursday

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Thursday in the green after its benchmark Tadawul All Share Index (TASI) surged 1.22%, or 90.76 points, to finish the last session this week at 7,510.47 points.

TASI’s traded volume stood at 153.62 million shares on Thursday, against 116.2 million on Wednesday, while liquidity increased to SAR 3.56 billion ($948.8 million), up from SAR 2.6 billion ($702.67 million).

The media, banks, materials, and telecommunication services sectors rose 6.4%, 2.03%, 0.79%, and 0.71%, respectively.

On the flipside, the insurance sector inched down 0.15%, while real estate management and development edged down 0.05%.

Saudi Industrial Export Co’s(SIEC) stock topped TASI’s gainers with 9.92% to SAR 184, whereas Alinma Tokio Marine Co’s stock tumbled 3.35% to close at SAR 23.98.

 Dar Al Arkan Real Estate Development’s stock was the bourse most active in terms of traded volume after 36.12 million shares were exchanged, while the Saudi Basic Industries Corporation’s (SABIC) stock led in terms of liquidity, generating SAR 433.27 million.

In the meantime, the main index of the Nomu-Parallel Market, NOMU, grew 0.05%, or 1.45 points, to 3,092.09 points.

The stock of Al Samaani Factory for Metal Industries Company gained 7.83% to SAR 74.50, whereas Baazeem Trading’s stock tumbled 4.27% to SAR 25.80.