The Saudi Stock Exchange (Tadawul) closed Monday with a positive performance after its benchmark Tadawul All Share Index (TASI) surged 63.88 points, or 0.83%, to 7,774.99 points.
TASI’s traded volume reached 125 million shares, up from 123.11 million in the previous session, while the main market’s trading value increased to SAR 3.34 billion ($890.13 million), from SAR 2.7 billion ($718.93 million).
The capital goods, banking, telecommunication services, and materials sectors levelled up 1.93%, 1.07%, 0.84%, and 0.68%, respectively.
On the flipside, the real estate management and development sector went down 0.12%, while the real estate investment traded funds (REITs) sector shed 0.02%.
Al Baha Investment and Development’s stock was the best performer after jumping 10%, while the stock of Saudi Paper Manufacturing Company (SPMC) was the worst performer after dropping 3.91%.
The Saudi Basic Industries Corporation’s (SABIC) stock, which added 0.16%, topped TASI in terms of liquidity with SAR 365.7 million, while Alinma Bank’s stock, which rose 0.37%, led in terms of trading volume after 14 million shares were exchanged.
In the meantime, the main index of the Nomu secondary market, NOMU, slid 12.78 points, or 0.52%, to finish at 2,457.31 points.
Raydan Co’s stock went down 1.42%.