MENAFN) Saudi shares rose by 6.22 percent on the week ending Thursday. The Tadawul All-Shares Index (TASI) closed the week at 18,751.78 points, up from last week's close of 17,653.72.
Bishah Agriculture Development Co. [Bishah Agriculture] was the top loser with its shares down by 25.61 percent. Other top losers include Saudi Cable Company [Cables] and Arabian Cement Co.LTd [Arab Cement].
Saudi Advanced Industries Co. [Saudi Advanced] was the top gainer with its shares up 65.91 percent. Other top gainers include Filing & Packing Materials Manufacturing Co. [FIPCO] and Saudi Fisheries Co. [Saudi Fisheries].
Al Mawashi Al Mukairish United Co. (Saudi Livestock) was the most active terms of volume while Saudi Basic Industries Corp (SABIC) was the most active in terms of value.
Trading value for this week stood at SR 206.5 billion (36 billion) up by 0.39 percent.
The Saudi market is the largest in the Arab world in terms of capitalization estimated at over 400 billion.