Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closes on a negative note on Monday after seven sessions of gains.
The main index shed 0.71% or 50.86 points to stand at 7,132.39 points.
Traded values increased to SAR 4.38 billion ($1.17 billion) compared to SAR 4.05 billion (%1.08 billion) on Sunday.
Traded volumes levelled up to 244.36 million shares compared to 209.57 million shares yesterday.
The durable goods sector led the worst performers and declined 2.45%, on the back of all its stocks except for Lazurde which rise 0.31%.
The telecom sector fell 1.34%, backed by Saudi Telecom Company (STC), Mobily and Zain KSA which retreated 0.95% to SAR 67.75, 1.37% and 2.3%, respectively.
The capital goods sector lost 0.66%, weighted by SABIC and SAFCO which went down 0.89% to SAR 96.25 and 0.84% to SAR 73, respectively.
The banks sector decreased 0.38%, affected by the National Commercial Bank (NCB) which lost 1.48% to SAR 43.40, while Al Rajhi Bank added 0.41% to SAR 66.75.
On the other hand, the media sector topped gainers and increased 0.61%, backed by Saudi Research and Marketing Group and Tihama which levelled up 0.58% and 0.3%, respectively.
Electrical Industries Co. led losing stocks and fell 5.36% at SAR 24.85, while Allianz Saudi Fransi led the gaining shares and hikes 9.87% to SAR 37.50.
Al Inma Bank was the most active in terms of traded values of SAR 366.2 million; the stock shedding 0.4% to SAR 15.10.
Dar Al Arkan was the most active in terms of traded volume exchanging 44.56 million; the stock went down 3.88% to SAR 5.95.
