Saudi Arabia’s benchmark Tadawul All Share Index (TASI) gained 1.5%, or 179 points, to close at 11,844 points today, Jan. 11, recording the highest close in nearly two months.
Total turnover hit a month-high at SAR 8 billion.
The index continued to rise for the third consecutive session, gaining more than 400 points, or 3.6%.
Market Index
Banking major Al Rajhi rose 3% to SAR 149.80.
Saudi National Bank hit a record high at SAR 71 (+3%) amid trading of about 4.5 million shares.
SABIC and Saudi Aramco gained almost 1%.
SRMG and ACWA Power increased between 5% and 7%, recording the highest close since listing.
Alinma Bank and MEPCO reached the highest level since listing at SAR 26.65 (+2%) and SAR 49.10 (+1%), respectively.
Tadawul Group was the top gainer at SAR 142.40, reaching an all-time high.
Company Prices
On the other hand, eXtra was the top decliner, falling more than 2% to SAR 141.60.
SABIC Agri-Nutrients, Jabal Omar, Catering, Herfy Foods and Arabian Centres declined between 1% and 2%.
To contact the writer, email Parag Deulgaonkar at parag.d@argaam.com
Market Movers
Companies trading above 3-Month Average
Company | Average Volume (3M) | Volume | Percentage Change | ||||
---|---|---|---|---|---|---|---|
ABO MOATI | 360,341.00 | 1,900,561.00 | 427.43 % | ||||
SPPC | 366,904.00 | 1,682,442.00 | 358.55 % | ||||
ALASEEL | 130,371.00 | 468,775.00 | 259.57 % | ||||
SRMG | 142,151.00 | 494,055.00 | 247.56 % | ||||
Nama Chemicals | 351,520.00 | 1,155,739.00 | 228.78 % | ||||
SULAIMAN ALHABIB | 135,197.00 | 439,390.00 | 225.00 % | ||||
MULKIA REIT | 154,211.00 | 473,466.00 | 207.02 % | ||||
SEDCO CAPITAL REIT | 182,459.00 | 540,800.00 | 196.40 % |
SABB 722,085.00 | 2,125,818.00 | 194.40 % AXA COOPERATIVE | 248,483.00 | 180.44 % | |
Companies achieved the highest and lowest closings in 52 weeks
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