Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) saw a negative performance in the week ended on Thursday, 7 March, after its main Tadawul All Share Index (TASI) fell 13.54 points, or 0.16%, reaching 8,479.16 points, compared to 8,492.7 points.
On a weekly basis, TASI’s market capitalisation declined slightly to SAR 2.009 trillion ($535.63 billion), from SAR 2.010 trillion ($536.13 billion).
The media, banks, and materials sectors tumbled 1.9%, 1.03%, and 0.19%, respectively.
On the other hand, the retailing sector increased 3.52%, compared to a week earlier, while the telecommunication services grew 1.68%.
Liquidity jumped 16.3% to SAR 12.58 billion, from SAR 10.8 billion, while trading volume increased by 11.6%, reaching 562 million shares, compared to 503.7 million a week before.
The Saudi Industrial Export Company’s (SIEC) stock led losers with 4.73%, whereas Al Yamamah Steel Industries Co’s stock was the best performer with 37.27%.
Al Rajhi Bank’s stock generated the highest liquidity with SAR 1.33 billion, while the stock of Dar Al Arkan Real Estate Development Company topped in terms of traded volume after 60.35 million shares were exchanged.
The main index of the Nomu-Parallel Marekt, NOMU, skyrocketed 141.55 points, or 3.94%, reaching 3,734.42 points, whereas the joint index between TASI and MSCI, MT30 index fell 5.27 points, or 0.42%, to 1,248.76 points.
