Insurance, bank shares see TASI rise by 0.3%: Market Wrap

  • 11/11/2021
  • 00:00
  • 3
  • 0
  • 0
news-picture

RIYADH: The Saudi stock market ended the session on Thursday up by 0.3 percent, to close at 11,899 points. Some 131.9 million shares changed hands in 230,000 deals, with heavy trading in Al Rajhi bank, Alinma Bank, SABIC. Shares in Wataniya Insurance led today’s gains by more than 8 percent at SR45.60 ($12.16), while Saudi Aramco rose by less than 1 percent to close at SR37.55 ($10) Shares in Saudi National Bank and SABIC Agri-Nutrients recorded the highest closing since listing in the market, at SR70 ($18.60) and SR183.60 ($48.90) respectively. Real estate developer Jabal Omar"s shares recorded a 1 percent decline, after the company announced that it had achieved a net loss of SR270 million ($72 million) in the Q3, compared to a loss of SR237 million ($63.6 million ) for the same period in 2020. SACO led today"s declines by 6 percent at SR51.30 ($13.68), amid trading of about 950,000 shares. Among the other fallers, recruitment firm Maharah declined by 3 percent to close at SR79.80 ($21.20) after the company announced a drop in profits for Q3 2021 to SR35.6 million($9.49 million). The parallel Nomu index was up 158.8 points, or 0.65 percent, It closed at 24,759.19 points, after 472,000 trades.

مشاركة :