Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) ended Tuesday’s session on a negative performance, while the liquidity reached its highest level in 13 sessions.
The main index decreased 1.22% or 77.6 points to stand at 6,268.13 points.
Traded value rose to SAR 4.45 billion ($1.2 billion) up from SAR 3.34 billion ($891 million) on Monday. Traded volume reached 274.77 million shares, compared to 188 million shares yesterday.
The media and publishing sector topped losers falling 5.2%, on the back of Tihama Advertising, PR, and Marketing Holding Co. which retreated 9.89% to SAR 24.15.
The banks sector fell 1.51%, affected by Al Rajhi Bank and the National Commercial Bank (NCB) which lost 1.82% and 0.34% to SAR 27.50 and SAR 37.70, respectively, while Riyad Bank added 0.09% to SAR 10.90.
The petrochemical sector declined 1.28%, weighted by Saudi Basic Industries Corporation (SABIC) which went down 1.64% to SAR 80.50, while Saudi Arabian Fertilizer Co.’s (SAFCO) increased 1.6% to SAR 62.25.
The telecommunication sector shed 0.99% after Saudi Telecom Company (STC) and Mobily levelled down 1.15% and 1.38%, respectively, Etihad Atheeb Communication “Go” rose 2.63%, and ZAIN remained unchanged.
The retail and multi-investment sectors gained 0.34% and 0.28%, respectively.
Malath Cooperative Insurance and Reinsurance Company topped the worst performers losing 9.92% to SAR 11.80, while United Cooperative Assurance (UCA) led the best performers gaining 9.88% to SAR 13.90.
SABIC was the most active in terms of turnover of SAR 754.38 million and Dar Al-Arkan Real Estate Development Company was the most active in terms of traded volume exchanging 56.35 million shares, to close at SAR 6.30 rising 2.11%.
