Riyadh – Mubasher: The main index of the Saudi Stock Exchange (Tadawul) lost 0.54% or 37.69 points to 6,889.90 points at Monday’s open.
By 11:00 am KSA time, 58.27 million shares were exchanged at a value of SAR 736.18 million through 13,960 transactions.
The Qatari stocks led a drop wave at the opening of Monday’s session after Saudi Arabia, the UAE, Egypt, and Bahrain decided to cut their diplomatic relations with Qatar.
Tadawul’s sectors saw a collective decline. The media sector topped the worst performers and fell 1.8%, followed by the food and food retailing sectors which decreased 1.4% and 1.3%, respectively.
The telecom sector went down 0.84%, followed by the material and banks sectors which shed 0.6% and 0.2%, respectively.
Saudi Research and Marketing group led the losing stocks and declined 3.4%, while Al Baha topped the best performers and increased 4.1%,
Moreover, the main index (NOMU) of Nomu-Parallel Market fell 2% or 86.74 points to stand at 4,130.57 points.
Baazeem Trading levelled down 3.9% to SAR 29.80.
