Arab Today, arab today tadawul investors make a comeback
Last Updated : GMT 20:26:09
Arab Today, arab today
Arab Today, arab today

Tadawul investors make a comeback

Arab Today, arab today

Arab Today, arab today Tadawul investors make a comeback

Jeddah - Arabstoday

Investors made a comeback at Saudi stock market yesterday as Tadawul total volume set sold about 737.2 million shares (one-third greater than previous level). A considerable amount of liquidity SR13.9 billion was flowed into the market, an increase of 20 percent from previous day’s SR11.5 billion. The Tadawul All-Share Index (TASI) shed 0.48 percent or 36.91 points to end at 7581.16. The index earlier touched the intra-day high at 7639.21 points but could not break this level subsequently and closed in red territory by wavering in small gains and losses. The performance of all sectors was mixed as seven out of Tadawul’s 15 sectors ended the day in green. The Real Estate Development sector advanced 1.4 percent over the day, posting the biggest gains among all sectors, followed by Transport sector which added nearly 45 points further. Industrial Investment sector, on the other hand, recorded the biggest losses, down by 1.43 percent. SABB and Kingdom Holding were major gainers among heavyweights, up 1.4 percent and 1.2 percent respectively. While Samba Financial Group suffered profit taking and went down by 2.8 percent to close at SR52.25. Trading activity was led by Dar Alarkan Real Estate Development which appeared to be the most active stock at Tadawul. Its more than 185.2 million shares were traded yesterday, a one-fourth relative market share. The market breadth was slightly negative with 83 stocks witnessing declines against 60 stocks witnessing advances. The Saudi Transport and Investment Company dominated the performance among all Saudi stocks, showing an increment of SR4.5 or 9.89 percent to close the day at SR50.

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Arab Today, arab today tadawul investors make a comeback Arab Today, arab today tadawul investors make a comeback

 



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