Saudi Exchange’s market capitalization jumped over 7.5 percent to reach SR10.8 trillion ($2.8 trillion) at the end of the first nine months of the year compared to a year earlier.
This comes despite the total value of shares traded during the first nine months falling by 21.5 percent from the previous year to SR1.4 trillion, while the total volume traded decreased by 37 to reach SR35.35 billion, the latest Saudi Exchange data revealed.
Tadawul All Share Index closed at 11,405 points at the end of the first nine months of 2022, down 90.44 points or 0.79 percent from last year’s close.
The highest close level for the index during the period was 13,820.35 points on May 8.
The total number of transactions executed decreased by 4.25 percent during the same period and reached SR68 million compared to 2021.
The Number of trading days during the third quarter of 2022 was 184, compared with 185 during the first nine months of 2021.