Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Thursday in the red for the fifth session in a row, hitting the lowest liquidity in nine sessions, dragged by the drop of 12 sectors.
The benchmark Tadawul All Share Index (TASI) levelled down 0.2%, or 14.02 points, to finish at 7,403.15 points.
TASI’s liquidity declined to SAR 3.62 billion on Thursday, the lowest since 28 January 2018, against SAR 4.03 billion on Wednesday, while the trading volume went down to 168.59 million shares from 175.02 million in the previous session.
The food and beverages sector topped the market’s 12 losers tumbling 0.8%, followed by the real estate and the diversified financials sectors, which sagged 0.7% and 0.5%, respectively.
The telecommunications services, banking and materials sectors inched down 0.4%, 0.3% and 0.2%, respectively.
Meanwhile, the retailing sector led the main market’s eight gainers adding 1.5%, followed by the insurance sector which went up 1.3%.
Al Hokair’s stock led the bourse’s losers with 6.9%, while Medgulf led the winners surging 10%.
By the end of the last week’s session, SABIC’s stock spearheaded TASI in terms of liquidity with SAR 627.2 million, while Dar Al Arkan’s stock led the benchmark in terms of trading volume with 44.99 million shares.
In the meantime, the main index of the Nomu-Parallel Market, NOMU, declined 0.16%, or 4.88 points, to 2,992.28 points.
By the end of Thursday's session, Nomu’s trading volume declined to 70,810 shares at a turnover of SAR 1.22 million.
Baazeem’s stock spearheaded the parallel market's five risers after jumping 3%.
While Raydan's stock led NOMU in terms of trading volume with 39,110 shares, generating a liquidity of SAR 586,280.
