Riyadh – Mubasher: The Saudi Stock Exchange's Tadawul All Share Index (TASI) closed Tuesday 0.51% or 35.95 points, reaching 7,067.13 points, registering its sharpest declines in 11 trading sessions, or since 20 November 2017.
TASI’s trading volume stood at 214.51 million shares on Tuesday, against 256.29 million shares on Monday, while liquidity decreased to SAR 3.48 billion, from SAR 4.51 billion.
The food and staples retailing sector decreased 1.5%, followed by insurance with 1.5%, food and beverages with 1.4%, banks with 0.6%, and materials with 0.03%.
On the other hand, the telecommunication services sector inched up 0.3%, and consumer services edged up 0.2%.
The Mediterranean and Gulf Insurance and Reinsurance Group’s (Medgulf) stock fell 6.5%, whereas Etihad Atheeb Telecommunication’s (Go) stock jumped 7.3%.
Dar Al Arkan Real Estate Development’s stock led TASI in terms of traded volume after 54.47 million shares were exchanged, while Al Inma Bank’s stock topped in terms of trading value, with a turnover of SAR 685.53 million.
In the meantime, the benchmark index of the Nomu-Parallel Market, NOMU levelled up 0.39% or 11.97 points to 3,066.43 points.
Nomu’s traded volume reached 18,810 shares on Tuesday, against 29,320 shares on Monday, while liquidity tumbled to SAR 343,730, from SAR 549,160.
Raydan Co, and Arab Sea Information System stocks’ decreased 1.9%, and 1.4%, respectively, whereas the stocks of Al-Kathiri Holding Company, and Baazeem Trading inched up 1.2%, and 0.04%.
Development Works Food acquired Nomu’s liquidity with SAR 103,490, while Abo Moati for Bookstores’ stock led in terms of trading volume after 7,210 shares were exchanged.
