Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Wednesday in the red zone after its main Tadawul All Share Index (TASI) decreased 0.09% or 6.79 points to reach 7,233.31 points.
TASI’s trading volume stood at 106.4 million shares on Wednesday, against 94.88 million shares on Tuesday, whereas liquidity declined to SAR 2.6 billion, from SAR 2.8 billion.
The pharmaceuticals, capital goods, banks, and materials sectors levelled down 0.6%, 0.5%, 0.45%, and 0.3%, respectively.
On the other hand, the insurance sector went up 3.97%, followed by commercial and professional services with 0.9%, and telecommunication services with 0.8%.
Saudi Fisheries Company’s (Al Asmak) stock led TASI’s losers with 2.9%, whereas the stocks of the Company for Cooperative Insurance’s (Tawuniya), and MedGulf Insurance and Reinsurance Cooperative Company’s (MedGulf) topped risers with 9.8%, and 9.3%, respectively.
Al Inma Bank’s stock led in terms of traded volume after 22.48 million shares were exchanged, with a turnover of SAR 396.58 million.
In the meantime, the benchmark index of the Nomu-Parallel Market, (NOMU), tumbled 1.1% or 38.23 points reaching 3,378.40 points.
Nomu’s trading volume reached 59,510 shares on Wednesday, against 27,240 shares on Tuesday, while liquidity rose to SAR 832,200 from SAR 702,910.
The stocks of Abo Moati for Bookstores and Arab Sea Information System fell 5.95%, and 2.3%, respectively.
Abo Moati for Bookstores’ stock led Nomu in terms of traded volume after 33,360 shares were exchanged, generating SAR 387,800.
