Tadawul’s turnover exceeds SAR 73bn in July

Tadawul’s turnover exceeds SAR 73bn in July
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Riyadh - Mubasher: The Saudi Stock Exchange (Tadawul) settled by the end of July, seeing modest gains in the month that saw only 15 trading sessions, due to the long Eid holiday.

The Tadawul All Shares Index (TASI) rose 0.23%, or 19.4 points, and closed at the level of 8,294.8 points.

Market capital declined by 0.6% or SAR 11.69 billion to a total of SAR 1.97 trillion.

Traded values increased by nearly 58% and amounted to SAR 73.2 billion in July, compared with SAR 46.4 billion in June.

Traded volumes grew to 2.8 billion shares from 1.9 billion shares in the previous month.

As for the market sector performance, 16 indices ended the month in red, led by food production with a 9.7% decline, transport and healthcare with more than 8% each.

On the other hand, media and publishing led the four rising sectors, followed by pharmaceuticals, banks, and materials, which added 2.8%, 2.5%, and 0.8%, respectively.