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TASI extends gains on Tuesday for fourth consecutive session

TASI extends gains on Tuesday for fourth consecutive session
Saudi Cable Company (SCC) was the top riser with 9.96% on Tuesday.

Riyadh – Mubasher: The Tadawul All Share Index (TASI) ended Tuesday’s session in the green zone for the fourth consecutive day after growing by 0.66% or 56.13 points to settle at 8,601.07 points.

This marks the index’s highest level since more than a year.

Meanwhile, the market’s turnover recorded SAR 12.428 billion and the trading volume registered 477.833 million shares.

Banks jumped by 1.88% while telecommunication services and energy went up by 0.37% and 0.02%, respectively.

However, the materials sector levelled down by 0.19%.

Saudi Cable Company (SCC) was the top riser with 9.96%, whereas Tihama Advertising and Public Relations Company was the top faller with 4.82%.

Seera Group led the trading activity on all levels after exchanging 29.585 million shares at SAR 582.160 million.

The Nomu-Parallel Market Capped Index (NomuC) closed up by 1.84%, reaching 14,978.97 points.

Sumou Real Estate Company headed the gainers with 9.39%, whereas Saudi White Cement Co. inched down by 0.35%.