BUSINESS

Saudi stock market index rises to 6752.19 points

April 05, 2020
A file photo of the Saudi Arabia stock exchange, also known as the Tadawul All Share Index, in Riyadh.
A file photo of the Saudi Arabia stock exchange, also known as the Tadawul All Share Index, in Riyadh.

RIYADH — The main Saudi Stock Exchange Index closed the trading up 2.50 points to reach 6752.19 points, with transactions worth more than SR5.7 billion.

The number of shares traded reached more than 278 million shares, which were shared by more than 229,000 deals in which the shares of 66 companies registered a rise in their value, while the shares of 117 companies declined.

Baazeem Trading Company, Petro Rabigh, Saudi Kayan, Amiantit, and Alinma, were the highest gainers, while those of Aldrees Company, Medgulf, Cisco, Sasco and Al Bahri, the lowest in trading, with the rates of rise and fall ranging between 9.47% and 6.55%.

The shares of Alinma, Saudi Aramco, Saudi Kayan, Petro Rabigh and Sira were the most active in quantity. The shares of Saudi Aramco, Alinma, Al-Rajhi, SABIC and Petro Rabigh were the most active in the value.

The Saudi Secondary Index (Nomu) closed the day declined 266.38 points to close, at 5670.14 points, with more than SR9.7 million traded, and the number of shares traded was 263,000, within 775 transactions.

Meanwhile there was mixed trading in two other Gulf bourses. In Manama, Bahrain All Share Index closed at 1,322.38 points marking a decrease of 7.40 points below the previous closing.

This decrease was due to the fall in the commercial banks sector, investment sector and industrial sector.

Bahrain lslamic Index closed at 586.98 points marking a decrease of 6.58 points below the previous closing.

Results indicated that 51 equity transactions took place with a volume of 3,256,060 worth BD 574,395.

Investors traded mainly in the commercial banks sector representing %61.74 of the total value of securities traded.

In Muscat, the Muscat Securities Market (MSM) general index (30) Sunday gained (2.30) points, comprising a rise by (0.068%) to close at (3385.84) points, compared to the last session, which stood at (3383.54) points.

The trading value today stood at (RO615,107), comprising a decline by (76.87%) compared to the last session, which stood at (RO2,659,097). The report released by MSM pointed out that the market value rose by (0.058%) to reach about (RO18.04) billion.— SG/SPA


April 05, 2020
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