Saudi indices end Thursday in red

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Thursday's trading session on a negative note, after its benchmark Tadawul All Share Index (TASI) tumbled 32.13 points, or 0.38%, to 8,367.7 points.

TASI’s traded volume increased to 120.84 million shares, from 105.28 million shares in the previous session, while trading value jumped to SAR 3.1 billion ($828.27 million), from SAR 2.7 billion ($727.2 million).

The media sector fell 3.43%, followed by the diversified financials sector with a 2.34% drop. While the banking, materials and telecommunication services dipped 0.5%, 0.29%, and 0.10%, respectively. 

On the other hand, the food and beverages sector rose 0.16%, while the energy sector inched up 0.14%.

Al Baha Investment and Development’s stock was the worst performer after tumbling 10% to SAR 17.64, whereas Saudi Enaya Cooperative Insurance Company’s (Enaya) stock led gainers with 4.49%, closing at SAR 25.60.

The Saudi Basic Industries Corp’s (SABIC) stock, which closed stable at SAR 129.80, led the primary market in terms of trading value after generating SAR 557 million, while Alinma Bank’s stock, down 0.18%, topped in terms of traded volume after 23.6 million shares were exchanged.

In the meantime, the main index of the Nomu-Parallel Market, NOMU, tumbled 12.48 points, or 0.45%, to finish at 2,759.2 points.

Development Works Food’s (DWF) led losers in Nomu after dropping 4%.

Mubasher Contribution Time: 26-Jul-2018 13:13 (GMT)
Mubasher Last Update Time: 26-Jul-2018 13:24 (GMT)