Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) ended Sunday’s trading session in decline, due to the losses of major market sectors, led by banks and basic materials.
The Tadawul All Share Index (TASI) went down by 0.78%, or 63.04 points, and closed at 7,999.57 points, giving up the 8,000-point level after maintaining it for five consecutive sessions.
Traded volumes decreased to 82.46 million shares, compared with 177.28 million shares on Thursday, with values reaching SAR 2.08 billion through 92,770 transactions.
The first loss for the Saudi bourse, after five rises in a row, came as food retail led the declining market sector indices and dropped 1.38%, while telecom, basic materials and banks slipped 1.38%, 1.3% and 0.57%, respectively.
The first session of the week saw 152 stocks close in red, led by Al Kathiri Holding with 9.44%, while Abo Moati Bookstores fell 7.05%.
Meanwhile, 34 stocks ended the session in the green zone, with Saudi Ceramic leading the session’s gainers and rising by 7.76%, followed by Arabia Insurance with 4.17%.
Al Rajhi registered the highest turnover with SAR 305.88 million, while Alinma was the most actively traded stock with 6.81 million shares.
