Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) ended Wednesday’s trading in the red, for the second session in a row, amid low liquidity.
The main index shed 0.24% or 16.25 points to 6,630.61 points.
Traded value retreated to its lowest level since 10 July to SAR 3.16 billion ($841.6 million) from SAR 3.8 billion ($1.1 billion) on Tuesday.
Traded volume also fell to 180.32 million shares compared to 197 million shares in the previous session.
The telecom sector topped losers, decreasing 0.84%, as Etihad Etisalat (Mobily) and Saudi Telecom Company (STC) lost 2.01% and 0.2%, respectively, while Zain KSA remained unchanged.
The banks sector fell 0.29%, on the back of Al Rajhi Bank, which was down 0.64% to SAR 59, while the National Commercial Bank (NCB) shed 0.5% to SAR 40.
The real estate development sector topped gainers rising 0.54%, backed by the gains of Saudi Real Estate, Jabal Omar Development and Emaar by 1.03%, 0.78% and 0.64%, respectively.
The petrochemical industries sector slightly increased 0.07%, after Saudi Basic Industries Corp. (SABIC) losses by 0.56% to SAR 82.75, while Saudi Arabian Fertilizer Co.’s (SAFCO) closed 0.23% higher to SAR 59.75.
The energy sector retreated 0.42%, affected by Saudi Electricity Company’s (SEC), which lost 0.35% to SAR 19.80.
