With this increment,
Large cap remained prominent among market cap indices, recording a daily growth of 0.8 percent.
Most of heavyweights extended gains, with
12 out of Tadawul's fifteen sectors finished to the upside, reflecting an accumulation of 765 points. Energy & Utilities sector advanced 153.7 points or 2.63 percent over the day, posting the biggest gains among all sectors. Agriculture and Petrochemical sectors followed it, gaining more than one percent.
Market breadth was positive, with 82 stocks witnessing advances and 57 others marking a decline.
On the other hand, new player
The company plunged by 9.85 percent, closing at SR36.25. But it appeared to be the most active stock of the day, liquidating 17.5 million shares.
While, recently traded Abdulmohsen Alhokair group topped the liquidity chart, pumping SR1.34 billion into the market.
But the group also closed in red, declining more than two percent.
Tadawul volume went down by 11.5 percent and traded 202.9 million shares as compared to previous day's 229.1 million shares. Roughly SR7.5 billion were poured into the market.
Total turnover remained below the 50-day average level, ranging from 23 percent to 33 percent.
(c)2014 the Arab News (Jeddah, Saudi Arabia)
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