Closing Bell: Saudi main index closes in green at 11,426
RIYADH: Saudi Arabia’s Tadawul All-Share Index rose on Wednesday, gaining 550.03 points, or 5.06 percent, to close at 11,426.45. The total trading turnover of the benchmark index was SR14.46 billion ($3.86 billion), as 247 of the listed stocks advanced, while only 11 retreated. The MSCI Tadawul Index also increased, up by 80.07 points, or 5.66 percent, to close at 1,494.88. The Kingdom’s parallel market Nomu gained 308.68 points, or 1.22 percent, to close at 25,608.10. This comes as 65 of the listed stocks advanced, while 39 retreated.
RIYADH: Saudi Arabia’s Tadawul All-Share Index rose on Wednesday, gaining 550.03 points, or 5.06 percent, to close at 11,426.45.
The total trading turnover of the benchmark index was SR14.46 billion ($3.86 billion), as 247 of the listed stocks advanced, while only 11 retreated.
The MSCI Tadawul Index also increased, up by 80.07 points, or 5.66 percent, to close at 1,494.88.
The Kingdom’s parallel market Nomu gained 308.68 points, or 1.22 percent, to close at 25,608.10. This comes as 65 of the listed stocks advanced, while 39 retreated.
The session saw an early surge, with Tadawul climbing 4.48 percent within the first hour of trading.