By Maged Al-Shabib
Riyadh-Mubasher: Saudi Arabia's stock market ended its four-day losing run, pressured by leading sectors.
Tadawul All-Share Index (TASI) inched down 0.18% or 10 points to close Monday at the 5,985 level.
Turnover declined to SAR 5.9 billion from SAR 6.4 billion, after 315.9 million shares changed hands through 147,000 transactions.
The banking and petrochemical sectors dominated 20% and 16% of the total traded value, respectively. The insurance sector accounted for 11% (SAR 653 million).
Oil prices declined nearly 2.5% to SAR 34.99 on Monday.
The real estate and petrochemical sectors dropped 1.5% each. The media was the biggest decliner with a loss of 2%.
Meanwhile, the cement sector was the top advancer, jumping 3.6%. The telecom had the second-best showing, rising 2%, followed by the building (1.13%).
Round up equities, 112 moved higher, spearheaded by Tihama which rocketed 10% to SAR 29.70. Meanwhile, 53 stocks moved lower, led by Research and Marketing which dropped 6% to SAR 47.
Translated by Abdul Maguid Aboshahla
