Riyadh - Mubasher: The Saudi Stock Exchange (Tadawul) ended Monday’s trading in the red zone, for the second consecutive session, with a decline that dominated most of the market sectors indices, and an increase in liquidity.
Tadawul All Share Index (TASI) lost 0.8% or 57.15 points and closed at the level of 7,081.71 points, as it was able to offset some of its losses during today’s session when it hit its lowest level at 7,030.4 points.
Traded values increased to 4.72 billion ($1.26 billion) compared to SAR 3.9 billion ($1.04 billion) on Sunday’s session, while volumes rose to 268.6 million shares up from 210.71 million shares.
As for the sectors performance, on the first day of applying the new Global Industry Classification Standard (GICS), all sectors closed in red except for consumer durables and apparel which rose by 0.67%, while REITs gained 4.5%.
The media sector lost 3.36%, followed by utilities, materials, and banks with 1.96%, 1.32%, and 0.18% respectively.
Meanwhile, Buruj led the session’s losers and dropped 10% to the level of SAR 23.5, while AlSorayai was the biggest gainer and surged 7.03%, closing at SAR 13.7.
SABIC saw a marginal loss as it slipped 0.03% to SAR 92.25, Al-Ahli also went down by 1.97% to SAR 40.8, while and Al-Rajhi increased by 1.1% to SAR 63.25.
Alinma continued its domination of trade in the last period, as it the most active today in both traded values and volumes with 27.36 million shares and a turnover of SAR 404.4 million. It closed at SAR 14.7 declining by 1.68%.
