JEDDAH: The Tadawul All-Share Index (TASI) retrieved the lost points of Tuesday, dug in at 7,782.84 and finished its last trading day of the week up over 0.20 percent.
It earlier hit intra-day low at 7722 points but market witnessed some buying interests later which pushed the index to edge up.
Investors were able to expand the volume to 671.1 million shares, increasing by 30 percent over the previous day.
Furthermore, equity turnover exceeded to SR14.1 billion, a growth of five percent.
ZAIN KSA continued its leading position and remained the most active stock throughout the week.
Its more than 192.2 million shares were traded yesterday, which reflected a relative market share of 29 percent.
It also topped the value chart, its turnover reached to SR2.1 billion.
The best performing sector of the day was the telecommunication and information technology up 2.41 percent to close at 2,184.27 point, which appeared to be the highest level of increase since October 15, 2008.
On the worst side, the hotel and tourism sector pared 127 points and became the largest loser.
Etihad Etisalat Co. (Mobily) among large cap companies remained at top, showing a notable gain of 2.35 percent to close at SR64.75.
SABIC (Saudi Basic Industries Corp.), however, counterbalanced Mobily's gain and trimmed 1.15 percent for the day.
Out of 151 stocks traded yesterday, 71 were up and 67 were down while 13 remained unchanged.
Atheeb Telecom, Enaya Insurance and Saudi Indian Insurance made the biggest jumps among all Saudi equities, surged up 10 percent, 9.81 percent and 9.78 percent respectively.
On the other hand, habitual loser Al-Mutakamela continued its downward trend for the sixth consecutive day, declining by 6.86 percent to close at SR 28.50. About one-half of its worth has been reduced in six days.
© Arab News 2012
