Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Monday in the red zone after its main Tadawul All Share Index (TASI) retreated 1.1% or 80.05 points to reach 7,114.01 points.
TASI’s trading volume stood at 116.21 million shares on Monday, against 110.45 million shares on Sunday, while liquidity increased to SAR 2.9 billion, from SAR 2.56 billion.
The telecommunication services sector levelled down 3.2%, followed by media with 2.6%, banks 1.3%, and materials with 0.7%.
On the other hand, the real estate investment traded funds (REITs) sector grew 1.8%, and the diversified financials sector went up 0.4%.
Malath Cooperative Insurance Company's stock declined 7.6%, whereas Middle East Paper Co’s (MEPCO) stock rose 5.9%.
Al Inma Bank’s stock topped TASI’s in terms of trading volume after 29.51 million shares were traded, with a turnover of SAR 519.97 million.
In the meantime, the benchmark index of the Nomu-Parallel Market, NOMU, fell 0.3% or 8.65 points reaching 3,176.64 points.
Nomu’s traded volume tumbled to 17,770 shares on Monday, against 80,300 shares on Sunday, while its turnover decreased to SAR 634,830, from SAR 1.72 million.
Arab Sea Information System’s stock went down 3.1%, whereas Raydan Co’s stock increased 3.8%.
Thob Al-Aseel Company’s stock topped Nomu’s liquidity with SAR 402,350, while Baazeem Trading’s stock topped in terms of trading volume after 7,470 shares were exchanged.
