Blue chips weigh on Saudi indices at Monday’s close

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Monday’s trading session with a negative performance after its benchmark Tadawul All Share Index (TASI) tumbled 21.11 points, or 0.25%, to 8,270.55 points, dragged by blue-chip stocks.

TASI’s trading value increased to SAR 3.2 billion ($860 million), from SAR 2.9 billion ($780 million), while traded volume stood at 121.52 million shares, up from 118.55 million in the session before.

The capital goods, materials, telecommunication services, and banking sectors levelled down 1.09%, 0.77%, 0.44%, and 0.08%, respectively.

On the other hand, the food and beverages sector rose 1.46%, while the commercial and professional services sector grew 1.21%.

Saudi Enaya Cooperative Insurance Company’s (Enaya) stock led losers with 7.08%, while Dallah Healthcare Company’s (DHC) stock topped gainers after adding 3.78%.

The Saudi Basic Industries Corp’s (SABIC) stock, which dipped 1.13%, led the main market in terms of liquidity with SAR 407.9 million, while the stock of Enaya posted the highest traded volume after 21.81 million shares were exchanged.

In the meantime, the main index of the Nomu secondary market, NOMU, gained 12.49 points, or 0.48%, to finish at 2,611.55 points.

Abdullah Saad Mohamed Abo Moati for Bookstores Company’s stock topped Nomu’s risers with 4.04%, while the stock of Raydan Co was the worst performer with 3.01%.

Mubasher Contribution Time: 14-Jan-2019 13:25 (GMT)
Mubasher Last Update Time: 14-Jan-2019 13:30 (GMT)