RIYADH: Saudi’s main stock index TASI rose to 11,199 points as of midday trading, up 0.26 percent from the prior session.

The parallel market Nomu was down 1.2 percent to 27,047 points.

The biggest moving stocks were Almunajem Foods and AlRajhi Bank. With SR218.54 million ($58.21 million) and SR188.25 million worth of shares traded intraday, the stocks rose to SR62.8 and SR140.2, respectively.

Arabian Centres Co., also known as Almrakez, witnessed the highest gains, up around 8 percent to SR23.8.

Shares of Petro Rabigh gained 1.83 percent, up to SR21.1, with nearly 2.44 million shares traded so far.

The biggest traded stock in terms of volume was Dar Alarkan Real Estate Co., which had 6.23 million shares changing hands.

The bourse saw trivial losses, with the biggest faller – Sahara International Petrochemical Co. or Sipchem – declining 2.06 percent to SR42.75.



Saudi bourse trades marginally higher, TASI up 0.26%: Midday update
Source: Viral Real Articles