Closing Bell: Saudi Arabia’s Tadawul climbs above 10,300 as rally continues

JEDDAH: Saudi Arabia’s Tadawul All Share Index climbed 140.27 points, or 1.38 percent, on Wednesday to close at 10,308.37, extending its gains for a third consecutive session.

Trading volume reached 270.1 million shares, with a combined value of approximately SR4.78 billion ($1.27 billion) across 458,073 transactions. Of the listed companies, 210 advanced, while 52 declined.

The Nomu parallel market advanced 94.98 points, or 0.43 percent, to close at 21,948.57, with 44 stocks advancing and 23 declining.

The MSCI Tadawul 30 Index also gained 18.45 points, or 1.34 percent, to end the session at 1,397.82.

Raoom Trading Co. and Knowledge Economic City led the market’s gainers, each rising 9.95 percent to close at SR80.70 and SR20.99, respectively.