Saudi indices end Monday in decline

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Monday with a negative performance after its benchmark Tadawul All Share Index (TASI) fell 22.18 points, or 0.26%, to 8,569.83 points.

TASI’s liquidity rose to SAR 2.34 billion ($624.53 million), from SAR 1.88 billion ($502.13 million) on Sunday, while trading volume stood at 123 million shares, up from 77.3 million in the session before.

The food and staples retailing sector led losers with 2.59%, followed by the commercial and professional services, telecommunication services, banking, and  materials sectors with 1.62%, 0.64%, 0.27%, and 0.23%, respectively. 

On the other hand, the diversified financials sector rose 0.6%, while the utilities sector increased 0.42%.

Abdullah Abdul Mohsen Al Khodari Sons Company’s stock was the worst performer with 6.84%, while the stock of Saudi Steel Pipe Company (SSP) was the best performer with 4.64%.

Al Rajhi Bank’s stock generated the highest liquidity with SAR 233.2 million, while the stock of Abdullah Abdul Mohsen Al Khodari Sons Company led the market in terms of traded volume after 27.3 million shares were exchanged.

In the meantime, NOMU, the main index of the Nomu secondary market, went down 2.53 points, or 0.07%, to close the session at 3,452.12 points.

Baazeem Trading Co’s stock led losers with 2.73%, while Al Omran Industrial and Trading Company’s stock was the best performer with 4.6%.

The joint index between Tadawul and MSCI, MT30 index, decreased 4.72 points, or 0.37%, to finish at 1,266.69 points.

Mubasher Contribution Time: 18-Feb-2019 13:10 (GMT)
Mubasher Last Update Time: 18-Feb-2019 13:21 (GMT)