The Saudi stock market ended yesterday's session, Monday (the first session of 2024), in green, continuing its rise for the seventh session in a row, in light of a collective rise in the major sectors.
The general market index, TASI, closed up by 0.58%, with a gain of 69.65 points, bringing it to the level of 12,037.04 points.
Trading values rose to 6.45 billion riyals, compared to 5.27 billion riyals, in the previous session, and quantities rose to 248.89 million shares, compared to 205.2 million shares, at the end of Sunday’s session.
The green color dominated the performance of the sectors, led by the banking sector, which rose 0.75%, the communications sector rose by 0.56%, and the gains of the basic materials and energy sectors reached 0.62% and 0.22%, respectively.
The losses were limited to 3 sectors, led by the long-term goods sector, after a decline of 0.91%, followed by the public utilities sector, with a decline of 0.12%.
In terms of stock performance, gains included 135 stocks, led by Chubb, which rose 10%, and 77 stocks closed in red, led by Al Baha, with a decline of 7.14%.
Saudi Aramco shares topped the stock activity in terms of liquidity with 400.4 million riyals, and the highest quantities were for Anaam Holding shares with a quantity of 13.43 million shares.
Regarding the parallel market, the (maximum growth) index closed, declining 0.17%, equivalent to 40.72 points, falling to the level of 24,488.26 points.
View stock topped the losses after falling 6.41%, while Al-Rashed Industrial stock recorded the highest gains, rising by 7.27%.
The general market index, TASI, ended yesterday’s session, Sunday, with an increase of 0.3%, recording its sixth consecutive increase. With support from the basic materials sector, amid the decline of 3 major sectors.
