The Saudi stock market, Tadawul, ended Monday’s session in green, regaining its gains after 5 sessions of decline, in light of the positive performance of the banking and communications sectors, amid improved liquidity compared to the previous session.
The general market index, TASI, closed up by 0.51%, with gains amounting to 62.08 points, bringing it to the level of 12,122.11 points.
Trading value rose to 8.68 billion riyals, compared to 5.7 billion riyals in the previous session, while trading volume fell to 311.91 million shares, compared to about 336 million shares.
Thirteen sectors were closed in green, led by the capital goods sector, which rose 2.9%, followed by the banking sector, with an increase of 1.99%, and the communications sector recorded an increase of 0.52%.
The rest of the sectors closed lower, with the public utilities sector topping losses after falling 2.21%, followed by the energy sector with a decline of 1.3%, and the basic materials sector closed down 0.18%.
In terms of stock performance, the gains included 122 stocks, led by MBC Group stock, with an increase of 9.93%, and 93 stocks closed in green, led by ACWA Power stock, which fell 2.87%.
Al Rajhi shares recorded the highest trading value at 1.18 billion riyals, and the highest volumes were for Americana shares with a trading volume of 29.7 million shares.
Regarding the performance of the parallel market, the (maximum growth) index closed down 0.17%, with losses amounting to 42.61 points, falling to the level of 24,679.11 points.
Agaseem stock topped the list of losses after falling 7.35%, and the highest gains were for Shor stock, which closed up 10.51%.
The Saudi stock market ended yesterday's session, Sunday, down 0.46%, recording its fifth consecutive decline, in light of the decline of 3 major sectors, amid low liquidity.
