Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closes in red on Monday, amid high liquidity.
The main index shed 0.49% or 35.5 points to stand at 7,162. 38 points.
Traded values rose to SAR 7.7 billion ($2.05 billion) compared to SAR 6.06 billion ($1.6 billion) on Sunday.
Traded volumes also increased to 510.48 million shares compared to 389.28 million shares yesterday.
The hotels led the losing sectors and fall 2.54%, on the back of Al Tayyar Travel Group Holding which levelled down 2.65% to SAR 35.30.
The petrochemical sector lost 1.2%, affected by SABIC and SAFCO which went down 1.4% and 1.04% to SAR 95.75 and SAR 77.25, respectively.
The telecommunication sector shed 0.4%, after Mobily and Zain KSA decreased 0.75% and 1.76%, respectively.
On the other hand, the multi-investment sector topped the best performers and rose 1.57%, backed by Kingdom Holding Co. and Aseer Trading, Tourism and Manufacturing Company which added 0.4% and 6.86%, respectively.
The banks sector also went up 0.26%, supported by the National Commercial Bank (NCB) which rose 1.2% to SAR 42.60, while Al Rajhi Bank shed 0.36% to SAR 63.25.
Saudi Indian Company for Cooperative Insurance Company (Wafa Insurance) led the worst performing stocks and lost 5.5% to SAR 15.70.
Dar Al Arkan was the most active in both traded volume and values exchanging 170 million shares at a value of SAR 1.06 billion, the stock lost 3.79% to SAR 6.10.
