The Saudi Stock Exchange (Tadawul) ended Monday’s closing session on a positive note, after its benchmark Tadawul All Share Index (TASI) surged 85.66 points, or 1.02%, to close at 8,490.75 points, registering its highest level since 13 August 2015, while the parallel market tumbled.
TASI’s trading volume reached 124.48 million shares on Monday, up from 109.2 million on Sunday, while traded value rose to SAR 3.39 billion ($905.07 million), from SAR 2.6 billion ($700 million).
The banking, telecommunication services, and materials sectors increased 2.07%, 1.31%, and 0.65%, respectively.
On the flipside, the media sector dipped 2.15%, while the diversified financials sector fell 1.04%.
Saudi Enaya Cooperative Insurance Company’s (Enaya) stock led gainers after jumping 9.87%, whereas Saudi Arabia Refineries Company’s (SARCO) stock was the worst performer after dropping 4.55%.
In the meantime, the main index of the Nomu-Parallel Market, NOMU, went down 4.05 points, or 0.14%, to finish at 2,845.98 points.
Development Works Food’s (DWF) stock levelled down 2.26%, whereas the stock of Abdullah Saad Abo Moati for Bookstores grew 2%.