Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Thursday’s trading in the red zone for the second day in a row, pressured by the banks sector losses.
The Tadawul All Share Index (TASI) dropped by 0.25% or 18.29 points and reached the level of 7,309.80 points.
Allied Cooperative Insurance Group (ACIG) headed the rising stocks with 9.85%, whereas Allianz Saudi Fransi Cooperative Insurance Company (Allianz SF) led the decliners with 3.02%.
A total of 259.731 million shares were traded through 258,354 transactions at a turnover of SAR 5.27 billion.
Dar Al Arkan Real Estate Development Company was the most actively traded stock with 26.7 million shares, while Al Rajhi Bank posted the largest liquidity of SAR 392 million.
Moreover, the food and beverages sector led the fallers with 1.49%, followed by the banks with 0.97%, whereas the pharma, biotech and life science segment topped the risers with 4.31%.
