By: Aseel bin Taleb
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) ended Thursday’s session down for the third session in a row, on the back of a collective retreat in all sectors except the petrochemicals.
The main index decreased 0.45% or 29.61 points to 6,601 points.
Tradings volume reached 198.5 million shares, with a turnover of SAR 3.59 billion on Thursday compared to SAR 3.16 billion in Wednesday’s trading.
Technical analyst Salem Al-Shwaiman attributed the market’s downward level to the announcement of only 44 companies for their financial results.
The hotel and tourism sector topped losers, falling 2.12%, while the petrochemical industries sector rose 0.73%.
On the sectors’ level, 32 shares were up, 131 retreated and seven remained stable.
Al Jouf Agricultural Development led the best performers by gaining 4.85%, followed by Astra Industrial Group and Saudi Industrial Investment Group (SIIG) which increased 4.36% and 3.05%, respectively.
On the other hand, Saudi Ceramics topped the worst performers by losing 7.23%, followed by FawazAbdulaziz Al Hokair Company and Yamama Cement Co. which dropped 6.58% and 5.17%, respectively.
Translated by: Sara Ghali
