The Saudi Stock Exchange's general index TASI returned to gains during its weekly trading, supported by the rise in most market sectors, recording an increase in market value of about 2%.

The market achieved market gains during last week’s trading by 1.95%, equivalent to 195.11 billion riyals.

The market value of stocks rose to 10.201 trillion riyals, compared to 10.006 trillion riyals in the previous week.

The TASI index ended the week's trading with gains of 2.12%, compared to last week, adding 247.90 points to its balance, raising it to 11,915.02 points.

The weekly gains of the TASI were supported by 19 sectors recording an increase during the week’s trading, led by “Applications and Technology Services” with gains of 8.18%, followed by insurance with an increase of 7.64%, then capital goods with 6.84%.

At the level of performance of the leading sectors, the communications sector ended the week’s trading with gains of 3.56%, followed by the energy sector with gains of 1.73%, then basic materials with a rise of 1.12%, while the banking sector declined by about 0.18% during the week.

Trading values during the current week witnessed a decrease of about 23.4%, reaching 30.52 billion riyals, compared to 39.84 billion riyals during the week ending on August 8. Similarly, the volume of traded shares decreased by about 29.4%, reaching 1.26 billion shares, and the daily trading average reached 252.52 million shares with an average trading value of 6.1 billion riyals, compared to 357.72 million shares that were traded on average during the previous week.

stock market

10.2 trillion riyals market value

11 million wallets

6.5 million investors

195 billion riyals market gains