The general index of the Saudi stock market, “Tasi”, increased at the close of trading on Wednesday, by 1.46%, gaining 100.51 points to close at 6985.33 points, as the parallel market index increased by 6.85%, gaining 471.77 points to close at 7357.56 points.
The volume of trading on the Saudi Stock Exchange at the close of trading, 271.5 million shares valued at 5.4 billion riyals, and 156 shares rose, while 34 shares declined.
17 sectors in the Saudi market, led by the real estate management and development sector, rose by 3.54%, followed by long-term goods by 2.28%, followed by the banking sector by 2.03%, then the media and entertainment sector by 1.52%, then the basic materials sector by 1.31%, then the insurance sector by 1.26%, then the food production sector by 0.84%, then the energy sector by 0.83%, then the transportation sector by 0.81%, then the commercial and professional services sector by 0.63%, then the real estate funds sector by 0.56%, then the health care sector by 0.52% Then, the luxury goods retail sector decreased by 0.50%, while the pharmaceutical sector decreased by 0.56%, then the applications and technical services sector 0.37%, then the investment and financing sector, 0.27%, and the consumer services sector, 0.15%.
Shares of “Eastern Development” came at the top of the green list with a growth rate of 7.96%, then “Taibah” by 6.03%, then “Jabal Omar” by 5.98%, while “Medgulf Insurance” came on top of the red list with a decrease of 2.86% Then, “SAPTCO” share by 2.67%, then “Ata” share by 1.53%.
In another context, the Capital Market Authority announced that the Authority’s Board of Directors decision issued referring suspicion of a group of investors violating Article 49 of the Capital Market Law, and Article Two of the Market Behavior Regulations to the Public Prosecution, for their trades subject to suspicion of shares of companies listed in the Saudi Stock Market, Thus, the Capital Market Authority affirms its keenness to implement the financial market system and its implementing regulations, and to protect the market from unlawful practices. Also, those affected by these practices have the right to file a compensation claim with the committee under Article 57 of the system, provided that a complaint is preceded by filing a complaint with the authority. In this regard.