Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Wednesday down, with the benchmark Tadawul All Shares Index (TASI) slipping 0.32% or 22.3 points to 6,970.8 points. Wednesday’s decline follows two sessions of gains.
Turnover reached SAR 3.2 billion after 149.4 million shares were traded through 85,132 transactions.
Printing and Packing’s stock was the top loser, sliding 5.59% to SAR 17.75 and turnover of SAR 5.6 million, while Tihama came in second, shedding 3.9% to SAR 23.65.
Meanwhile, Makkah Construction and Development was the top gainer, adding 3.05% and closing at SAR 95 and recording a turnover of SAR 132,700, followed by National Gypsum Co with 2.9% to SAR 14.55, with a traded value of SAR 2.2 million.
The materials sector lost 0.42%, while telecoms and banks were down 0.11% and 0.64%, respectively.
The Saudi Capital Market Authority (CMA) decided on Wednesday to suspend Jabal Omar’s stock starting 2:35pm upon the company’s request, pending the disclosure of an important announcement.
Prior to suspension, Jabal Omar’s stock last traded up 0.92% to SAR 66.75, after 373,790 shares were traded through 195 transactions at a value of SAR 24.8 million.
