Saudi stock market continues to record its highest levels since 2008
Saudi stock market rose in trading today, Wednesday, to maintain its highest level since January 2008.
That is, since the global financial crisis, and this was supported by the rise in shares of health care, banking, and commercial services.
The general index of the market “TASI” rose by 0.10%, equivalent to 11.34 points, to reach the level of 11,311.21 points.
“TASI” gained 2,617 points from the beginning of the year until today’s session, equivalent to a growth rate of 30.12%.
Value of trading in the first hours of the session amounted to about 3.9 billion riyals, through trading about 100.46 million shares. The market value of the shares amounted to about 9.82 trillion riyals.
The rise of “TASI” was supported by the rise in the commercial services sector index by 0.91%, while the health care sector rose by 0.89%, and banking shares increased by 0.83%.
Share of “SEDCO Capital” topped the gainers by 4.61%, the share of Maharah was 3.59%, and the development of 3.35%.
The most active Alinma share came with 7.93 million shares, then SAPTCO with 4.21 million shares and Dar Al-Arkan with 3.9 million shares.
In terms of liquidity, “Tanmia” stock topped the trading value with 314.34 million riyals, then Maharah with 236.4 million riyals, and the National Bank of Saudi Arabia with 209.9 million riyals.
