TASI edges down 0.3% in mid-day trading

By Mohammed Abu Meleeh

Riyadh-Mubasher: Saudi Arabia's stock market inched down 0.3% or 17 points to 5594.58 in Monday's mid-trading, pressured by leading sectors.

The banking sector dipped 0.89%, hit by Al Rajhi Bank and National Commercial Bank which slipped 1.06% and 1.52%, respectively.

The petrochemical industry sector fell 0.2% though its heavyweight stock SABIC rose 0.13%.

The real estate development sector also dropped 0.3% despite the 0.43% rise seen by its leading stock Jabal Omar.  

The agriculture sector moved 1.35% higher, boosted by Savola which added 0.78%.

Turnover reached SAR 2.4 billion, generated from the exchange of 156.5 million shares in 65,000 transactions.

Translated by Abdul Maguid Aboshahla 

MUBASHER Contribution Time: 25-Jan-2016 10:51 (GMT)