Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Tuesday's trading session on a negative note, after its benchmark Tadawul All Share Index (TASI) plunged 42.66 points, or 0.5%, to 8,405.82 points.
TASI’s trading volume stood at 125.3 million shares on Tuesday, down from 160.8 million shares on Monday, while traded value amounted to SAR 3.08 billion ($822.4 million), compared to SAR 4.05 billion ($1.08 billion) in the previous session.
The commercial and professional services sector dipped 1.68%, followed by the capital goods sector with 1.56%.
The materials, banking and telecommunication services sectors fell 0.67%, 0.4%, and 0.35%, respectively.
On the other hand, the energy sector rose 1.31%, while the pharmaceuticals sector increased by 1.08%.
The Saudi Company for Hardware’s (SACO) was the bourse’s worst performer after dropping 10%, whereas Salama Cooperative Insurance’s stock led gainers with a rise of 4.52%.
The Saudi Basic Industries’ (SABIC) stock, upped 0.15%, topped TASI in terms of liquidity with SAR 503.2 million, while Alinma Bank’s stock, which advanced 0.09%, led the market in terms of traded volume after 22.3 million shares were exchanged.
In the meantime, NOMU, the main index of the Nomu-Parallel Market, went down 20 points, or 0.7%, to 2,767.99 points.
Baazeem Trading and Al-Samaani Factory for Metal Industries stocks fell 6.95% and 2.1%, respectively, whereas Development Works Food’s stock gained 2.97%.
