The Tadawul All-Share Index (TASI) while reflecting a typical trough-peak combination continued marching its way higher to close in the green at 6,807.51 points yesterday.
The index advanced over 53.27 points or 0.79 percent for the entire day.
Micro cap surged 2.97 percent among the market cap indices.
All Saudi sectors performed well, only Media sector has been resisting the prevailed upward trend, but became green just before ending the session, achieving 7.14 points or 0.27 percent.
Positive performance was boosted by Multi-Investment and Transport sectors, reflecting a growth of 2.98 percent and 2.12 percent respectively.
The Banks & Financial Services accumulated more than 136.91 points for the day.
Major heavy weights including Al-Rajhi Bank and Saudi Electricity Co. closed green, advancing 1.71 percent and 0.77 percent respectively.
However, SABB with 0.59 percent negative change was top loser among heavy weights.
The market breadth was largely positive with advance-decline ratio of 10.6:1.
Investors were more interested to buy Insurance stocks, as a liquidity of SR1.5 billion was poured into Insurance sector, which equates 23.1 percent of overall market turnover.
Insurance companies have also been dominating the Tadawul performance, topping the gainer and loser charts sequentially.
Saudi United Insurance shares took an upward jump of 9.92 percent to close the day at SR21.6.
On the other hand, Allianz Saudi Fransi continued to play worst for the third consecutive day, declining by 9.97 percent.
Insurance sector attracts investors
