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TASI gains 425 pts in week

TASI gains 425 pts in week
The telecom sector grew 8.39%

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) ended in the green territory in a week, recording its highest weekly gain in 44 months.

Tadawul All Share Index (TASI) added 425 points, or 4.99%, to 8,941.54 points over the week.

All sectors rose over the week, except for the media sector, which declined by 2.66%.

The telecom, banking, and material sector grew 8.39%, 5.9%, and 4.16%, respectively.

Tadawul’s trading volume reached 816.97 million shares, while the market’s liquidity hit SAR 21.94 billion.