Riyadh – Mubasher: The main index of Saudi Stock Exchange (Tadawul) closed Wednesday at a decline of 0.04% or 2.39 points to the level of 6,737.4 points, amid a fall in liquidity to the lowest level in about five weeks.
The media and publishing sector was the worst performer, dropping 1.9% as Saudi Printing and Packaging shrank 3.42% to SAR 22.05.
The telecom sector was second in the red list with a 0.58% decrease, pressured by Mobily, Zain and Etihad Atheeb Telecom, which fell 1.89%, 1.01% and 0.24% respectively.
The banks sector’s retreated 0.18% after the drop in its stocks, with the exception of Al-Rajhi Bank and Riyadh Bank, as the first rose 0.18% and the second was flat.
On the other hand, the petrochemicals sector advanced 0.1%, backed by Sipchem, Advanced Petrochemical and Yansab which were up 2.07%, 2.35% and 1.18% respectively, while SAPIC declined 0.12%.
Turnover decreased to SAR 4.5 billion from SAR 6 billion on Tuesday, trading volume also shrank to 221.28 million shares from 305 million shares.
SABIC acquired 11.7% of total turnover with SAR 526.2 million as 6.2 million shares were exchanged.
Meanwhile, Alinma Bank made the biggest trading activity with a volume of 36.3 million shares. The stock closed 0.07% lower.
The main index rose yesterday by 0.61% or 18.55 points to 6,739.18 points.
Translated by: Elwy el-Manzalawy
