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TASI gains 38 pts on Wednesday

TASI gains 38 pts on Wednesday
The trading volume came in at 269.85 million shares

Riyadh - Mubasher: The benchmark index of the Saudi bourse, the Tadawul All Share Index (TASI), closed higher by 0.51% or 37.69 points on Wednesday to reach 7,418.04 points.

A total of 269.85 million shares were traded via 265,954 deals at a value of SAR 5.5 billion.

Moreover, Arab Sea Information System Company led the winners with 9.95%, whereas Allianz Saudi Fransi Cooperative Insurance Company (Allianz SF) headed the losers with 1.80%.

Amlak International for Real Estate Finance signalled the highest trading activity on all levels after the exchange of 33.63 million shares at a value of SAR 689 million.

The banks, energy, and telecom sectors added 0.47%, 0.42%, and 0.25%, respectively.

Meanwhile, the Nomu-Parallel Market Capped Index (NomuC) settled higher by 4.39% to 8,229.62 points.

The National Building and Marketing Company topped the green zone with 15.2%, whereas Sumou Real Estate Company came on top of the red zone with 0.96%.