Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Tuesday in red territory, after its main Tadawul All Share Index (TASI) retreated 34.43 points, or 0.4%, to 7,904.74 points.
TASI’s trading volume stood at 117.7 million shares, down from 117.92 million on Monday, while traded value fell to SAR 2.54 billion, from SAR 2.83 billion, registering lowest liquidity in the last 11 trading sessions.
The energy, media, pharmaceuticals, banking, materials, and telecommunication services sectors went down 1.7%, 0.96%, 0.8%, 0.6%, 0.5%, and 0.11%, respectively.
On the other hand, the insurance sector inched up 0.7%, followed by transportation sector with 0.46%, and the food and beverages sector levelled up 0.1%.
The Saudi Cable Company’s stock was the best performer after jumping 9.4%, whereas Advanced Petrochemical Company’s led losers with 2.4%.
Dar Al Arkan Real Estate Development Co’s stock topped the bourse in terms of trading volume after 30.3 million shares were exchanged, while Alinma Bank’s stock led in terms of liquidity after generating SAR 353.91 million.
In the meantime, the benchmark index of the Nomu secondary market, NOMU, jumped 23.05 points, or 0.9%, reaching 2,502.95 points.
Nomu’s traded volume decreased to 76,680 shares, from 129,480 on Monday, while its turnover tumbled to SAR 951,110, from SAR 1.75 million.
Abdullah Saad Mohamed Abo Moati for Bookstores Company’s stock acquired the parallel market’s liquidity with SAR 53,830, while Development Works Food’s Co (DWF) stock topped in terms of trading volume after 62,200 shares were exchanged.
The stocks of Arab Sea Information System Co, Thob Al-Aseel Company, and Abdullah Saad Mohamed Abo Moati for Bookstores Company were the best performers with 0.38%, 0.28%, and 0.16%, respectively.
