Riyadh – Mubasher: The Saudi stock market, “Tadawul,” ended Monday’s session with a noticeable rise, continuing its gains for the second session in a row, in light of a collective rise in the major sectors, amid a jump in liquidity.
The general market index, TASI, closed up 1.05%, adding 122.44 points to its balance, raising it to the level of 11,813.09 points, reaching its highest levels since July 27, 2023, when it closed at about 11,847.72 points.
Trading values rose to 6.022 billion riyals, compared to 4.6 billion riyals, through 199.21 million shares compared to 173.25 million shares, at the end of yesterday’s session last Sunday.
All sectors closed in green, with the exception of the Real Estate Management and Development sector, which bucked the trend, with a decline of 0.12%.
The banking sector topped the gains of the major sectors, after rising by 1.93%. The performance of the communications sector also increased by 0.98%, the basic materials sector increased by 0.63%, and the performance of the energy sector increased by 0.34%.
In terms of stock performance, gains included 128 stocks, led by “Al-Bilad” stock after rising 5.18%, and the list of losses was limited to 50 stocks led by “Sinnad Holding,” which fell 1.54%.
Saudi Aramco shares registered a trading value of 522.72 million riyals, through 15.87 million shares.
The parallel market witnessed a positive performance, with the (maximum growth) index closing at an increase of about 3.26%, with gains amounting to 762.92 points, which rose to the level of 24,153.82 points.
“Burgerizer” stock topped the gains with an increase of 19%, and “Standard” stock recorded the highest gains after rising 11.57%.
The general market index, TASI, closed yesterday’s session, Sunday, up 0.59%, adding 68.72 points to its balance, bringing it to the level of 11,690.65 points.
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