The Saudi stock market managed a second straight rise on Tuesday, marking another gain of 0.63 percent.

Saudi Arabia’s benchmark stock index (TASI) added further 59.34 points to finish at 9,505.03 points. On an YTD basis, it registered a positive return of 11.4 percent.

Micro cap with 1.8 percent upward jump remained prominent among market cap indices. 12 out of Tadawul's 15 sectors ended the day with modest gains, accumulating 780 points collectively.

Transport and Construction sectors outperformed among the sectoral indices, each rising by 1.9 percent for the day. With this increment, Transport sector index also crossed 8,000-mark.

Only three sectors including Hotel & Tourism went downward slightly.

Most of heavyweights extended gains, with Samba Financial Group outdid rest of its peers, advancing 1.94 percent to close at SR41.49.

The total number of rising stocks exceeded to the total number of falling stocks by a huge margin of 113 to 28.

Fitaihi Holding Group and the Company for Cooperative Insurance (Tawuniya) turned in a splendid performance among all Saudi stocks, soaring up 9.92 percent and 9.69 percent respectively.

Fitaihi closed at SR22.05, which is its highest price level in almost two years. Tawuniya volume went 6.1 times high over the 50-day average level, liquidating 4.7 million shares to SR40.05

Dar Al-Arkan Real Estate with trades over 21.3 million topped the volume chart, advancing more than one percent.

While, bellwether SABIC (Saudi Basic Industries Corp.) pumping a liquidity of SR428.2 million regained its most liquid status, closing green at SR113.7.

Tadawul total turnover set sold approximately 335 million shares worth SR10.9 billion, an increase of four percent as compared to previous level.

The 50-day average for trading turnover is closer to 302 million shares worth SR8.4 billion.