5 stocks support TASI’s gains in 2018

5 stocks support TASI’s gains in 2018

Riyadh - Mubasher: Five blue-chip stocks supported the Saudi Stock Exchange (Tadawul) in 2018, led by Al Rajhi Bank which dominates for 15.13% of the Tadawul All Share Index (TASI) by the end of the third quarter.

TASI rose by 9.1% year-to-date, with the heaviest five stocks rising.

The main index performance was identical to the five stocks, namely Al Rajhi, SABIC, NCB, Samba, and STC, in four of the last eleven months, and very close during the others.

TASI rose in five months, and declined in six, according to a survey by Mubasher.