Tadawul drops in week; market cap loses SAR 73bn

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed the week ended on 10 December 2020 on a negative note for the second successive week amid low liquidity.

The Tadawul All Share Index (TASI) dropped by 0.37% or 31.76 points during the past week, closing at the level of 8.643.97 points.

Market cap value fell by 0.79% or SAR 73 billion last week to stand at SAR 7.18 trillion, compared with SAR 9.25 trillion a week earlier.

Banks led 15 losers with 0.21%, while telecom and energy went down by 0.79% and 0.62%, respectively. On the other hand, Pharma and materials jumped by 4.76% and 1.63%, respectively.

The market’s turnover plunged by 16.3% weekly to reach SAR 56.12 billion while the trading volume stood at 1.85 billion shares.

Anaam International Holding Group headed the decliners with 22%, whereas Saudi Paper Manufacturing Company topped the winners with 42.86%.

In the meantime, the Nomu-Parallel Market Capped Index (NomuC) rose by 6.75% or 1,300 points to settle at 20,557.03 points.

Mubasher Contribution Time: 13-Dec-2020 09:11 (GMT)
Mubasher Last Update Time: 13-Dec-2020 09:17 (GMT)