Saudi index surges in Q1 as it approaches 10,000 points barrier

DUBAI: Saudi Arabia’s Tadawul All Share Index was up by more than 52 percent at the end of the first quarter from a year earlier as it edged closer to the 10,000 points barrier.
The market closed at 9,907.82 points at the end of the quarter with the total market capitalization up by more than 27 percent at SR9.63 trillion ($2.57 trillion) compared to a year earlier, the bourse said in a filing.