Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) opened Sunday on a low note amid pressure from the banks and materials sectors.
By 10:35 am Saudi time, the Tadawul All Share Index (TASI) slipped 0.22% or 15.63 points to 7,240.4 points. Turnover amounted to SAR 315.6 million after 12.86 million shares were traded through 11,470 transactions.
Most of Tadawul’s sectors were down, led by food staples and retailing with 0.61%, while materials and banks fell 0.45% and 0.43%, respectively.
On the other hand, the insurance sector led risers, adding 1.17%, while the telecommunications sector inched up 0.03%.
At the level of Tadawul’s stocks, Anaam International Group Holding led fallers, shedding 2.2% to SAR 14.68, whereas National Agricultural Development Co. (NADEC) led risers, surging 4.8% to SAR 32.15 on the back of a newly-signed agreement.
In the meantime, the Nomu parallel market index “NOMU” edged up 0.02%
Al Kathiri’s stock led Nomu’s risers, adding 1.58% to reach SAR 18, while Arab Sea led losers, falling 2.11% to SAR 12.
Tadawul last closed Thursday in the red, while Nomu registered its sharpest losses in almost two months.
