Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Tuesday in the red after its benchmark Tadawul All Share Index (TASI) tumbled 0.26%, or 19.3 points, to 7,290.96 points.
TASI’s trading volume stood at 167.96 million shares on Tuesday, against 156.86 million on Monday, while liquidity rose to SAR 3.07 billion ($818.13 million), from SAR 3.02 billion ($805.6 million).
The utilities sector lost 1.19%, followed by telecommunication services with 0.35%, banks with 0.19%, and materials with 0.13%.
On the other hand, the energy sector edged up 0.74% and food and staples retailing increased 0.33%.
Dar Al Arkan Real Estate Development’s stock, which fell 4.26%, led the market in terms of traded volume and value, closing the mid-week session at SAR 10.34.
On the other hand, the stocks of AXA Cooperative Insurance and Rabigh Refining and Petrochemical (Petro Rabigh) went up 8.64% and 3.94%, reaching SAR 22.14 and SAR 17.68, respectively.
In the meantime, the main index of the Nomu-Parallel Market, NOMU, plunged 3.29% or 102.82 points, reaching 3,023.02 points.
Thob Al-Aseel Company’s stock declined 4.69% to SAR 61, whereas Development Works Food’s stock grew 2.92%, reaching SAR 66.90.
