Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) finished Wednesday's trading session in red territory after its benchmark Tadawul All Share Index (TASI) fell 32.53 points, or 0.4%, to 8,210.29 points, registering its lowest level in a month, or since 5 July.
TASI’s traded volume stood at 155.66 million shares, down from 155.78 million on Tuesday, while trading value tumbled to SAR 4.54 billion, from SAR 4.75 billion.
The energy sector decreased by 3.7%, followed by the commercial and professional services sector with 0.8%. The materials, telecommunication services, and banking sectors fell 0.7%, 0.66%, and 0.3%, respectively.
On the other hand, the retailing and insurance sectors rose 1.8%, and 1.2%, respectively.
Rabigh Refining and Petrochemical’s (Petro Rabigh) stock was the worst performer with 8.2%, whereas Saudi Vitrified Clay Pipes’ stock increased 6.5%.
Alinma Bank’s stock led in terms of trading volume after 46.89 million shares were exchanged, while The Saudi Basic Industries Corporation’s (SABIC) stock topped in terms of liquidity with SAR 1.33 billion.
In the meantime, the main index of the Nomu-Parallel Market, NOMU, went up 24.43 points, or 0.9%, to 2,830.32 points.
The secondary market saw trading of 135,670 shares on Wednesday, up from 53,750 shares on Tuesday, while liquidity grew to SAR 1.8 million, from SAR 975,900.
Al-Kathiri Holding Company’s stock gained 12.6% and Arab Sea Information System’s stock rose 6.1%, whereas Abo Moati for Bookstores’ stock fell 1.9%.
Abo Moati for Bookstores’ stock acquired Nomu’s activities with 73,400 shares, generating a turnover of SAR 772,780.
