Saudi indices level down at Thursday’s close

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) finished Thursday’s trading session with a negative performance after its benchmark Tadawul All Share Index (TASI) slumped 55 points, or 0.64%, to 8,479.16 points.

By the end of the last session of the week, TASI’s traded value rose to SAR 2.54 billion ($677.6 million), from SAR 2.12 billion ($566.7 million), while trading volume stood at 118 million shares, up from 99.04 million shares on Wednesday.

The banking sector fell 1.32%, while the materials sector shed 0.34%.

On the other hand, the real estate investment traded funds (REITs) sector led gainers with 1.89%, and the telecommunication services sector grew 1%.

The National Commercial Bank’s (NCB) was the worst performer with 2.09%, while Al Yamamah Steel Industries Co’s stock was the best performer with 9.91%.

Al Rajhi Bank’s stock led TASI in terms of liquidity with SAR 342.89 million, while the stock of Mobile Telecommunication Company Saudi Arabia (Zain) posted the highest traded volume with 8.09 million exchanged shares.

In the meantime, NOMU, the main index of the Nomu secondary market, tumbled 22.28 points, or 0.6%, to finish at 3,734.42 points.

Development Works Food Co’s (DWF) stock was the secondary market’s worst performer with 13.65%.

The joint index between Tadawul and MSCI, MT30 index, decreased 8.95 points, or 0.71%, to 1,248.76 points.

Mubasher Contribution Time: 07-Mar-2019 13:10 (GMT)
Mubasher Last Update Time: 07-Mar-2019 13:23 (GMT)