Wednesday trading: Leejam Sports was the top gainer, rising 5.7%

Saudi stocks rose the second consecutive day on Wednesday, and fitness company Leejam Sports was the top gainer. (Leejam Sports)
Saudi stocks rose the second consecutive day on Wednesday, and fitness company Leejam Sports was the top gainer. (Leejam Sports)
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Updated 30 December 2020

Wednesday trading: Leejam Sports was the top gainer, rising 5.7%

Saudi stocks rose the second consecutive day on Wednesday, and fitness company Leejam Sports was the top gainer. (Leejam Sports)
  • Tadawul All Share Index (TASI) closed 0.2 percent higher at 8,760 points

RIYADH: Saudi stocks rose the second consecutive day on Wednesday, with the benchmark Tadawul All Share Index (TASI) gaining 0.2 percent, or 13 points, to close at 8,760 points, the highest close since July 2019.

However, total trading reached SR7.8 billion ($2.08 billion), the lowest in nearly two months. Advance-decline ratio stood at 80:100.

Arabian Centres closed 0.4 percent higher at SR25.05 ($6.68), as the firm’s board of directors recommended 5 percent dividend for H1 FY 20/21.

BinDawood gained 2.6 percent to SR118 ($31.47). The company’s subsidiary, Danube Company for Foodstuffs and Commodities, opened its 47th branch in Jeddah.

Leejam Sports was the top gainer, rising 5.7 percent to SR77.70 ($20.72).

Banking major Al Rajhi fell 0.1 percent to SR74 ($19.73), while blue chip SABIC shed 0.2 percent to SR101.60 ($27.09).

Yansab lost 1.8 percent to SR65.10 ($17.36). The company’s shareholders approved amending articles of association during the EGM held on Dec. 29, 2020.

Naseej was the top decliner, shedding 4.5 percent to SR102.80 ($27.41).

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