Saudi indices end Monday in red

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Monday on a negative note after its benchmark, the Tadawul All Share Index (TASI) tumbled, for the third straight session, by 80.18 points, or 0.94%, to close at 8,433.09 points.

TASI’s trading value rose to SAR 2.18 billion ($582.4 million) on Monday, from SAR 1.93 billion ($515.46 million) in the previous session, while traded volume increased to 111.35 million shares, against 93.87 million on Sunday.

The pharmaceuticals sector dropped 2.17%, while the basic goods sector fell 1.08%.

On the other hand, the capital goods sector was the only gainer after inching up 0.04%.

Zamil Industrial Investment’s stock headed decliners after sliding 3.11%, while Abdullah Abdul Mohsen Al Khodari Sons’ stock topped risers with 3.74%.

Dar Alarkan Real Estate Development Company’s stock topped TASI in terms of traded volume and value after 25.97 million shares were exchanged at a turnover of SAR 275.26 million.

Meanwhile, the main index of the Nomu-Parallel Market, NOMU, edged down 2.54 points, or 0.07%, reaching 3,485.29 points.

Al-Omran Industrial Trading Company’s stock was NOMU’s worst performer after plunging 8.82%, while the stock of Al Kathiri Holding Company was the best performer with 7.72%.

The joint index between Tadawul and MSCI, MT30 index, fell 12.72 points, or 1.01%, to close at 1,243.82 points.

Mubasher Contribution Time: 25-Feb-2019 13:15 (GMT)
Mubasher Last Update Time: 25-Feb-2019 15:42 (GMT)