Riyadh - Mubasher: The Saudi Stock Exchange (Tadawul) ended Sunday’s trading in the green zone for the second consecutive session, as most of the market sector saw a positive performance that was accompanied by a steep decline in liquidity.
Tadawul All Share Index (TASI) added 0.13% or 9.15 points and closed the first session of the week at 6,930.92 points, moving closely towards regaining its position above the level of 7,000 points.
Traded values decreased to SAR 3.27 billion ($872 million), its lowest level since 6 November, compared to SAR 3.68 billion ($982.66 million). Traded volumes also declined to 189.67 million shares from 198.74 million shares on Thursday.
As for the sectors performance, 12 closed in green led by real estate management and development, which gained 1.81%, followed by diversified financials with 1.53%, and energy with 1.45%.
On the other hand, materials saw marginal gains as it edged up 0.05%, while banks, telecom, and utilities lost 0.23%, 0.72%, and 0.86% respectively.
As for the stocks performance, gains were seen by 105 stocks led by Wafa Insurance which surged 9.74% to the level of SAR 19.15, followed by Wataniya which jumped 7.94% to SAR 27.20.
Meanwhile, 60 stocks closed in red, as SACO was the session’s biggest loser and dropped 5% to the level of SAR 82, while SADAFCO shed 3.82% to SAR 114.25.
Alinma registered the highest turnover with nearly SAR 299 million, while Dar Al Arkan had the biggest volume with 43 million shares.