While curving in the south throughout the day it closed higher at 7600.57 points, up 32.59 points or 0.43 percent from its previous close.
On a year-to-date basis, the index crossed a positive return of 18 percent.
Ten out of Tadawul’s 15 sectors ended the day in green territory; Real Estate Development remained at top showing an advancement of 98.51 points, or 2.67 percent, 3,792.74 from 3,694.23. On the worst side, Cement sector was down 1.58 percent to close at 6,147.76.
Only Etihad Etisalat Co. (Mobily) and Riyad Bank among heavy weights could not manage for gains and each lost 0.4 percent for the day.
Saudi Electricity Co. with an increment of 0.96 percent was major gainer.
The market witnessed some buying interests as its volume rose to the near of highest levels. The trading activity remained roughly 13 percent higher than that of Wednesday. Tadawul’s volume surged to 759.4 million shares traded.
Furthermore, a persistent increase in Saudi stock market liquidity appeared and turnover reached to a significant level of SR16.7 billion.
Dar Al-Arkan Real Estate continued its leading position and remained most active stock for the second consecutive day on Saturday. Its volume set sold about 104.2 million shares, which are about 14 percent of Tadawul’s total volume.
The market breadth was largely positive with 91 stocks witnessing advances against 43 stocks recording declines.
Saudi Cement Company posted largest losses among all Saudi stocks. It was down 6.08 percent for the entire day to close at SR.85.