Surprisingly, it touched the level of 7,399 twice during
the day but could not add one more point to round this number and closed at
same level of 7,399.87 points.
The previous record of Tadawul's 14-day surge was
registered as on Aug. 8, 2005.
The level of turnover remained significantly elevated,
trading volume at Tadawul reached 703.2 million shares traded. Turnover of
SR14.2 billion surpassed the previous day's SR13.8 billion, an increase of 3.1
percent.
All Saudi sectors performed in a mixed fashion. Indices
of cement and petrochemical industries sectors advanced over 1.88 percent and
1.4 percent respectively. Banks & Financial Services remained about flat
and added just 2.57 points. Media and Publishing pared 53.7 or down 1.95
percent for the day.
Top ten market cap companies also ended the day mixed.
The losses made by the Kingdom Holding Co. (-1.34 percent) and Al-Rajhi Bank
(-0.65 percent) being offset by the market leader SABIC (+0.74 percent) and
Mobily (+0.79 percent).
Dar Al-Arkan Real Estate dominated the trading activity
at Tadawul for the second consecutive day on Tuesday. It's more than 95.5
million shares worth SR972.6 million were transacted which reflected a relative
market share of 14 percent in terms of volume and 7 percent in terms of value.
Dar Al-Arkan also included among 22 Saudi stocks which
reflected a 100 percent or more increase in daily volume.
Fitaihi Holding Group and Filing & Packing Materials
Manufacturing Co. were the key gainers of the day, up 9.8 percent and 6.1
percent respectively.
