Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) opened Thursday’s trades in the red, with the benchmark index falling 0.67% or 46.52 points to 6,924.32 points, weighed by pressure from its leading sectors.
By 10:40am Saudi time, 58.42 million shares were exchanged through 25,040 transactions at a turnover of SAR 945.59 million.
The market suffered a collective decline of its leading sectors, led by consumer services with 3.1%.
Banks, materials, and telecoms retreated 0.48%, 0.8% and 0.6%, respectively.
A total of 160 companies’ stocks were down, led by Arabian Sea from the Nomu-Parallel Market with 6.3%, followed by Allujain with 5.1%.
On the other hand, six stocks were up, led by Mouwasat with 5.1%, while five stocks remained unchanged from previous levels.
Tadawul closed Wednesday down, shedding 0.32% or 22.3 points to 6,970.8 points, following two straight sessions of gains.
