RIYADH: Saudi Arabia’s main index ended the first session of the week positively, following the Kingdom’s green initiatives in Sharm El-Sheikh last week.
The Tadawul All Share Index was up 0.31 percent at 11,246, while the Nomu parallel market saw a 0.61 percent rise at 19,024.
Tadawul Group fell 9.92 percent, after the completion of the Public Investment Fund’s sale of 10 percent of its shares in the group at a price of SR191 ($51) per share, making it the top faller.
The Kingdom’s largest lender Saudi National Bank gained 2.91 percent, while Al Rajhi Bank, the state’s most valued bank declined 0.12 percent.
Saudi oil giant Aramco, the biggest oil producer in the world, gained 0.58 percent, while Rabigh Refining and Petrochemical Co. also increased by 1.45 percent.
Saudi British Bank was down 1.19 percent; similarly, Alinma Bank saw a 0.39 percent fall.
Al Moammar Information Systems Co. gained 2.80 percent, after it renewed its Shariah-compliant facility worth SR150 million with Gulf International Bank.
Aljouf Mineral Water Bottling Co. got the approval for increasing its capital by 50 percent to SR47 million after the Capital Market Authority’s nod, and as a result, saw a gain of 1.04 percent.
Among the top gainers, Saudi Arabian Amiantit climbed 9.89 percent, and Etihad Atheeb Telecom ended the session up 9.88 percent.