By Mohammed Idries
Riyadh-Mubasher: Tadawul All-Share Index (TASI) declined 0.14% or 8.92 points to close Monday at the 6387 level.
Ahmed Al-Maliki, capital market expert, said the market's liquidity reached SAR 7 billion ($1.87 billion), its highest since 20 December 2015, and the benchmark is near its key resistance levels of 6,422 and 6,488 points.
Al-Maliki told Mubasher that the correction wave will end if the index fails to close above these levels for two days.
More than 402 million shares were exchanged through over 147,000 transactions at a total turnover of SAR 7 billion ($1.87 billion).
Tracking stock performance, 76 moved higher, topped by Gulf General which rose 10% to SAR 17.05. Meanwhile, 83 moved lower, led by Sadafco which fell 6% to SAR 129.
Alinma Bank was the most in trading volume and value, after 105.5 million shares were traded at a turnover of SAR 1.4 billion.
Nine sectors declined, led by the hotels and retail which lost 1.1% and 0.95%, respectively. Meanwhile, six sectors advanced, topped by the multi-investment and building which added 1.6% and 0.52%, respectively.
Translated by Abdul Maguid Aboshahla
