By Majid Al Shabib
Riyadh – Mubasher: Saudi Stock Exchange (Tadawul) slumped on Sunday, battered by oil prices coupled with bearish performance of global bourses.
The main gauge shed 2.8% or 200 points lower at 6,881 points. Thus, it recorded the lowest closing level since 2013.
Sunday’s traded volume amounted to 264 million shares, exchanged in 115,000 transactions.
Sectors were mostly in red, except for media and publishing that added 6.8% or 125 points backed by SRMG stock.
The hotel and tourism sector led decliners, with a fall of 5.1%, followed by multi-investment (-3.8%), then construction and building (-3.7%).
Six stocks moved higher, topped by SRMG that jumped by 8.7%, followed by Alinma Tokio Marine (+6.8%), then Saudi Printing (+5.1%). On the negative front, 160 stocks moved lower, led by Atheeb (-8.3%), followed by Fitaihi (-7.5%) and Budget Saudi (-7.3%).
Translated by Sayed Abdel Rahman
