Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Tuesday with a negative performance after its benchmark Tadawul All Share Index (TASI) tumbled 24.87 points, or 0.31%, to 7,943.4 points, dragged by the drop of materials and banks sectors.
TASI’s liquidity fell to SAR 3.1 billion ($828 million) in the mid-week session, from SAR 3.24 billion ($863.73 million), while trading volume stood at 127.23 million shares, down from 136.5 million in the session before.
The insurance, materials, and banking sectors levelled down 1.08%, 0.59%, and 0.17%, respectively.
On the other hand, the utilities and telecommunication services sectors went up 1.23%, and 0.23%, respectively.
Jazan Development Company’s (Jazadco) stock was the worst performer after losing 4.03%, while Saudi Fisheries Company’s (Alasmak) stock was the best performer after gaining 8.59%.
Saudi Basic Industries Corporation’s (SABIC) stock, which dropped 0.48%, led TASI in terms of trading value after generating SAR 332.27 million, while the stock of Dar Alarkan Real Estate Development Co, down 0.76%, posted the highest traded volume with 8.47 million shares.
In the meantime, the main index of the Nomu-Parallel Market, NOMU, slumped 56.46 points, or 2.2%, closing at 2,489.45 points.
Thob Al-Aseel Company’s stock was Nomu’s largest losers with 3.6%, while Development Works Food Co’s (DWF) stock topped gainers with 2.2%.
