Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) finished Thursday’s trading session in red territory after its benchmark Tadawul All Share Index (TASI) retreated 106.99 points, or 1.36%, to 7,753.36 points, registering its sharpest losses in 24 sessions.
TASI’s trading volume stood at 132.26 million shares, up from 112.42 million in the session before, while liquidity jumped to SAR 3.4 billion ($907.73 million), from SAR 2.9 billion ($777.07 million).
The utilities, media, materials, banking, and telecommunication services sectors decreased 3.85%, 3.82%, 1.84%, 0.85%, and 0.7%, respectively.
The Saudi Industrial Export Company’s (SIEC) stock led losers after falling 7.54%, followed by the Saudi Company for Hardware’s (SACO) stock, which declined 6.94%.
On the other hand, Saudi Paper Manufacturing Company’s (SPMC) stock topped gainers after adding 4.69%, while Saudi Enaya Cooperative Insurance’s Company (Enaya) stock went up 2.69%.
The Saudi Basic Industries Corporation’s (SABIC) stock, down 1.16%, led TASI in terms of liquidity after generating SAR 502.76 million, while the stock of Dar Alarkan Real Estate, which fell 0.67%, posted the highest traded volume with 8.02 million shares.
In the meantime, the main index of the Nomu secondary market, NOMU, slumped 81.07 points, or 3.27%, to close the last session of the week at 2,400.25 points.
Arab Sea Information System Co’s stock led losers with 9.29%, while Al Omran Industrial and Trading Company’s stock topped gainers after surging 18.66%.
