On Tuesday, the Tadawul All Share Index (TASI), Saudi Arabia’s benchmark, closed 139 points (1.1 percent) higher at 12,268 points, marking its highest level since May.
There was a total turnover of roughly SR7.5 billion ($2 billion). Roughly SR243 million worth of shares were exchanged. Since the month’s start, the stock has increased by over 30%. Over four million shares were exchanged. 128 companies made a profit, compared to 100 that lost money.
The index’s largest weight, Saudi Aramco’s shares, increased by around 1% to SR 27.55. The Red Sea share saw its highest closing since 2015 as it increased by the maximum percentage of 10, to SR68.50. Additionally, Saudi Fisheries increased by about 10% to SR 25.75.
Al Rajhi Bank’s share increased to SR89.90, or almost one percent. Al-Ahli Bank’s share increased 2.27 percent to SR36. The shares of Maaden, Saudi Kayan, Yansab, SABIC, SABIC International, SABIC Nutrients, and AMAK were increased by 2 to 5 percent.
Maharah’s share, on the other hand, was the greatest, falling by 5% to SR7.22. Retal’s and Dar Al Arkan’s shares dropped by little more than 3%, to SR14.52 and SR14.74, respectively.
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