Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Wednesday in decline after its benchmark Tadawul All Share Index (TASI) slumped 69.95 points, or 0.88%, to 7,834.79 points, registering its lowest level in 12 sessions.
TASI’s trading volume stood at 103.23 million shares, down from 117.7 million on Tuesday, while liquidity fell to SAR 2.6 billion, from SAR 2.54 billion.
The real estate management and development sector decreased by 2.1%, followed by the media sector with 1.6%, while the retailing and materials sectors declined 1.1%, each.
The telecommunication services and banking sectors dipped 0.99% and 0.8%, respectively.
On the other hand, the capital good sector inched up 0.99%, while the diversified financials sector went up 0.97%.
Jabal Omar Development’s stock was the worst performer with 3.4%, whereas the Saudi Cable Company’s stock was the best performer after jumping 10%.
Alinma Bank’s stock topped in terms of traded volume after 18.08 million shares were exchanged, while the Saudi Basic Industries Corporation’s (SABIC) stock generated the highest liquidity with SAR 436.03 million.
In the meantime, the main index of the Nomu-Parallel Market, NOMU, went up 32.60 points, or 1.3%, to 2,535.55 points.
Nomu’s trading volume declined to 20,670 shares, from 76,680 on Tuesday, while traded value amounted to SAR 477,440, down from SAR 951,110.
Thob Al-Aseel Company and Baazeem Trading Co stocks’ rose 2%, and 0.9%, respectively.
Baazeem Trading Co’s stock was the most active in the secondary market after 9,800 shares were exchanged, with a turnover of SAR 239,680.
