The Saudi stock market continued its positive movement, marking another gain of 0.18 percent yesterday.

The Tadawul All-Share Index (TASI), which continued inching its way higher to end yesterday’s trading in the green at 7,179.8 points. It went 13 points below the level of opening bell earlier yesterday but subsequent trading sent the index up to accumulate more than 12.8 points for the entire session.

Small cap remained prominent among market cap indices, increasing nearly half percent for the day.

Sectoral performance was positive, as 11 out of the 15 sectors closed in the upward territory, accumulating an aggregate of 232 points.

Media and Publishing sector dominated the performance at Tadawul, advancing by 0.95 percent and closing at 3,052.35.

Telecommunication & Information Technology sector, on the other hand, recorded the biggest losses, going down by 0.8 percent. Saudi Mobile Telecommunications (Zain) suffered worst of all equities, showing a reduction of 4.9 percent. But the company with trades over 45.4 million shares worth SR 404.9 million topped the volume and value charts, capturing roughly 19 percent of the overall market volume.

An adequate volume (240.8 million shares) was liquidated at Tadawul, an increase of 17 percent from the 50-day average level.

Only Northern Region Cement showed a positive change among most active stocks, rising over two percent and closing at SR20.1.

SABB outdid rest of its heavyweight peers, advancing 1.13 percent for the day.

The market breadth with advance-decline ratio of 1.1:1 remained slightly favorable.

Taiba Holding Co. (+5.1 percent) and Makkah Construction & Development Co. (+3.6 percent) showing notable gains became the top performers among all Saudi stocks.