Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Thursday with a negative performance after its main Tadawul All Share Index (TASI) tumbled 44.73 points, or 0.6%, to 7,590.65 points, registering its lowest level in more than six months, or since 8 March.
TASI’s trading volume reached 92.33 million shares, down from 104.24 million on Wednesday, while traded value fell to SAR 2.02 billion, from SAR 2.31 billion.
The retailing sector decreased by 1.6%, followed the commercial and professional services sector with 1.4%.
The food and beverages, telecommunication services, materials, and banking sectors dipped 1.3%, 0.9%, 0.7%, and 0.6%, respectively.
On the other hand, the media sector rose 1.4%, while the energy sector went up 1.1%.
Mediterranean and Gulf Insurance and Reinsurance Company’s (MedGulf) stock was the worst performer after dropping 7.4%, whereas the stock of Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful) topped risers with 4.7%.
Alinma Bank’s stock was TASI’s most active after 19.15 million shares were exchanged, with a liquidity of SAR 375.93 million.
In the meantime, NOMU, the benchmark index of the Nomu-Parallel Market, surged 71.70 points, or 2.8%, to finish at 2,592.14 points, recording its highest growth rate in five months, or since 14 April.
Nomu’s turnover slumped to SAR 97,900, from SAR 3.83 million on Wednesday, while trading volume stood at 4,140 shares, down from 285,600.
Thob Al-Aseel Company’s stock grew 5%.
The stock Al-Kathiri Holding Company acquired the secondary market's liquidity with SAR 29,990, while Baazeem Trading’s stock dominated traded volume after 1,180 shares were exchanged.
