Data News > TASI Rises by 0.79% on Saudi Stock Exchange

TASI Rises by 0.79% on Saudi Stock Exchange

By KlickAnalytics Data Insights  |   May 16, 2024 11:00AM ET

- TASI gained 95.24 points to close at 12,198.44 points
- 263.79 million shares traded with SAR 7.15 billion turnover
- BinDawood Holding saw the largest decline at 9.98%, while Allied Cooperative Insurance Group rose by 6.50%

In a positive turn of events, the main market's All Share Index (TASI) on the Saudi Exchange (Tadawul) increased by 0.79%, rising by 95.24 points to close at 12,198.44 points on Thursday. With 263.79 million shares traded, the market saw a turnover of SAR 7.15 billion. Tourism Enterprise took the lead in trading volume with 18.34 million shares, while Al Rajhi Bank dominated in terms of trading value at SAR 512.63 million. On the flip side, BinDawood Holding experienced the largest decline at 9.98%, whereas Allied Cooperative Insurance Group saw a rise of 6.50%.

The Parallel Market Capped Index (NomuC) saw a decrease of 0.68%, dropping by 182.13 points to 26,484.03 points. Natural Gas Distribution emerged as the top gainer with an increase of 8.84%, while Qomel led the fallers with a decline of 8.99%. Overall, the stock market showed a mixed performance with both gains and losses in various sectors.
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