RIYADH: Saudi Arabia’s Tadawul All Share Index posted an annual gain of 1,811.46 points, or 17.11 percent, to reach 12,401.56 at the end of the first quarter of 2024, official data showed.
According to the report released by Saudi Exchange, the highest close level of the main index in the first quarter was on March 21 when it peaked at 12,835.65.
Moreover, the total equity market capitalization of the main market by the end of the first quarter reached SR10.93 trillion ($2.91 trillion), representing a rise of 9.56 percent compared to the same period of the previous year.
Similarly, the total value of shares traded during the first three months of 2024 soared by 113.52 percent year on year to reach SR575.89 billion.
The total volume of shares traded reached 24.12 billion during the first quarter of this year, compared to 22.74 billion shares traded in the same period of 2023.
Additionally, the number of transactions executed in the three months to the end of March…
