Agriculture & Food sector rises 0.72%

The contest between bulls and bears ended without any significant change at Saudi stock market yesterday as Tadawul index retreated to 7,526.26 points, which was roughly where it started the session.
Wavering in the North-South within a range of 45.4 points it closed just below the break-even line, dropping less than half point merely.
Micro cap with half percent upward jump remained prominent among market cap indices.
Sector indices performed in a mixed fashion, with eight sectors accumulating an aggregate of 160.7 points and six sectors trimming 113.3 points jointly. While, Energy & Utilities sector ended without any change.
Agriculture & Food Industries came out as the best performing sector, advancing 0.72 percent to close the day at 7,880.33.
Real Estate Development sector, on the other hand, changed its position from top performer of previous day to the worst performing sector of the day, down more than half percent.
Kingdom Holding showed the best performance among heavyweight stocks, rising 1.33 percent for the day.
On the contrary, SABB suffered worst of heavyweights, declining more than one percent.
Market breadth with advance-decline ratio of 1.06:1 remained positive.
Saudi Indian Company for Co-operative Insurance (Wafa Insurance) dominated the performance among all Saudi equities, topping the gainer chart for the second consecutive day with 9.95 percent positive change.
Share trading activity remained low yesterday, as Tadawul volume went down to 223.3 million shares, a decline of nearly 11 percent over the previous level and the 50-day average level as well.
Atheeb Telecom turned in a splendid performance among most active stocks, surging over four percent and capturing 12.9 percent of the overall market volume.