Banking, energy shares push TASI up by 13.66 points

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Mon, 2021-10-04 22:08

RIYADH: Saudi Arabia’s Tadawul All Share Index ended Monday’s session in the green zone increasing by 13.66 points or 0.12 percent.

A rise in banking and energy shares led by Saudi Aramco saw the market close at 11,467 points.

Traded liquidity amounted to SR8.3 billion, focused on the shares of Al-Rajhi Bank, and Solutions. 

A total of 198 million shares changed hands in 359.6 thousand deals.

The parallel market index Nomu dipped by 39.15 points or 0.17 percent closing at 23,647.5 points on Monday.

Nomu’s liquidity amounted to about SR37.3 million, with 323.8 shares were traded, in 1,446 deals. 

Shares of Al-Rajhi Bank rose 1.6 percent, which closed at the highest level since April 2006, while the Saudi National Bank, which rose 2.4 percent.

Saudi Aramco’s stock rose by about 1 percent, to close the stock at its highest level since September 2020. The oil giant said on Monday it would release its Q3 results at the end of this month.

Forty-six companies rose on Monday, led by Red Sea shares, by 5 percent; Sidc shares 3.8 percent, while the shares of SABIC, and Mesc rose by 3.5 percent.

Shares of 147 companies declined led by Najran Cement which was down 4.25 percent, and Solutions by 4 percent in its third session in the market. Maaden shares also fell by 4 percent.

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Tadawul edges down on first day of trading