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TASI rises for fourth day on Wednesday to 15-month high

TASI rises for fourth day on Wednesday to 15-month high
Abo Moati logged the highest liquidity of SAR 637.276 million on Wednesday.

Riyadh - Mubasher: The Saudi bourse saw its fourth consecutive daily rise at Wednesday’s trading session.

The Tadawul All Share Index (TASI) grew by 0.61% or 52.62 points to close at 8,688.76 points, its highest level since July 2019.

Meanwhile, the market’s turnover amounted to SAR 14 billion where around 533.908 million shares were traded via 559,700 deals.

Materials rose by 0.72% whilst banks and telecommunication services added 1.14% and 0.62%, respectively. On the other hand, energy was down by 0.05%.

Abo Moati for Bookstores Company led the winners with 10%, whereas Anaam International Holding Group headed the losers with 4.19%.  

Dar Alarkan Real Estate Development Company led the trading activity through the exchange of 20.347 million shares, while Abo Moati logged the highest liquidity of SAR 637.276 million.

At the same time, the Nomu-Parallel Market Capped Index (NomuC) jumped by 3.03% to 20,241.29 points.