E-Paper
Sign In
Fri, Nov 14, 2025 | Jumada al-Awwal 23, 1447 | Fajr 05:15 | DXB 
29.3°C
iPhone | iPad
Android
Saudi index gains 3.3pc on increased buying in blue-chips
NEW YORK - Saudi Arabian stocks gained for their third trading session, led by Saudi Electricity Co., Arab National Bank and Saudi Basic Industries Corp., as investors bought so-called "blue-chip" stocks.
The Tadawul All Share Index rose 3.3 per cent to close at 9,486.05 as 86 members gained and 13 slipped, according to data posted on the Saudi stock market's Web site.
"Blue-chips had record low prices resulting in attractive ratios," Bakheet Investment Group said in the weekly report posted on its Web site after the close of trading Feb. 13. "The Saudi stock market might recover slowly after the decreases it witnessed'' last week.
Saudi Electricity, the kingdom's largest power generator, added 5.6 per cent to 14.25 riyals ($3.80), its biggest gain since
Jan. 12. Arab National gained 5.6 per cent to 93.5 riyals and
Saudi Basic added 4.8 per cent to 163.5 riyals, the Tadawul's data show.
Don’t just scroll. Know it all. Sign up for your daily UAE news fix.
Get the top stories of the day right in your inbox.
