Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) started Monday in decline after its benchmark Tadawul All Share Index (TASI) levelled down 54.56 points, or 0.73%, to 7,415.25 points.
By 10:46 am Saudi time, TASI’s trading volume reached 26.1 million shares exchanged through 16,700 transactions, with a liquidity of SAR 490.06 million.
The commercial and professional services sector fell 2.2%, followed by the utilities sector with 2.1%,
The retailing, materials and banking sectors dropped 1.5%, 1.1%, and 0.7%, respectively.
On the other hand, the telecommunication services sector rose 1%.
Red Sea International Co.’s stock led losers with 4%, whereas Saudi Steel Pipe Company’s (SSP) stock increased 3.2%.
Meanwhile, the main index of the Nomu-Parallel Market, tumbled 6.28 points, or 0.25%, to 2,493.22 points.
Raydan Co’s stock inched down 0.2%.
