Categories: Business

TASI rises 89 points as large-cap stocks pique investors' interest


Thu, 2023-03-02 17:24

RIYADH: Saudi Arabia’s Tadawul All Share Index rose 89.56 points — or 0.84 percent — on Thursday to close at 10,051.78, led by sustained buying in all large-cap stocks.  

The Banking Index moved up 1.63 points to 10,714.58, led by about a 3 to 3.5 percent increase in the share prices of Banque Saudi Fransi, Saudi British Bank, Alinma Bank and Arab National Bank.  

TASI’s total trading turnover increased 24 percent to SR5.12 billion (SR1.36 billion) from Wednesday’s SR4.13 billion as 127 stocks of the listed 224 advanced and 87 fell back.  

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