Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Sunday’s session in the red, following three straight gains, pressured by the banking sector’s losses.
The benchmark Tadawul All Shares Index (TASI) shed 0.24% or 17 points to reach 7,058.58 points. The index succeeded in closing above the 7,000-point level.
Turnover fell to SAR 2.83 billion on Sunday ($754 million) against SAR 3.3 billion ($878 million) on Thursday, while traded volume declined to 129 million shares from 143.17 million in the previous session.
A total of eleven sectors ended the session down, led by food staples and retailing with 0.92%, after Al Othaim Markets lost 0.93% to SAR 106 and Saudi Marketing Co fell 0.92% to SAR 30.
The banking sector shed 0.65% as NCB retreated 0.8% to SAR 38.50, while Al Rajhi edged down 0.05% to SAR 63.75.
On the other hand, nine sectors went up, after basic materials edged up 0.08% as SABIC grew 0.86% to SAR 101.75, whereas SAFCO dropped 2.26% to SAR 67.50.
The telecom sector increased 0.47% after STC gained 1.41% to SAR 71.
