Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) ended the week on Thursday, 23 November in the red zone after its benchmark Tadawul All Share Index (TASI) retreated 0.51% or 35 points to reach 6,878.2 points.
On a weekly basis, the market capitalisation value of TASI’s stock plunged 0.69% or SAR 11.3 billion ($3 billion), reaching SAR 1.636 trillion ($436.3 billion).
TASI’s trading value slumped 22.1% to reach SAR 12.9 billion ($3.4 billion) in the week ended on Thursday, 23 November, while traded volume levelled down 28.8% to reach 692 million shares.
The pharmaceuticals, telecommunication services, banks, and materials sectors decreased 2.6%, 1.6%, 0.78%, and 0.28%, respectively.
On the other hand, the retailing sector increased 1.5%.
In the meantime, NOMU, the main index of the Nomu-Parallel Market tumbled 2.95% or 88 points, reaching 2,903 points during the week.
Nomu’s trading volume amounted to 349,000 shares, with a liquidity of SAR 5.5 million.
