Tadawul ends Sunday in red

Riyadh – Mubasher: The main index of the Saudi Stock Exchange (Tadawul) decreased 0.16% or 11.2 points to close at 6,990.43 points on Sunday.

Traded value reached SAR 2.96 billion ($789 million) compared to SAR 3.48 billion ($928 million) on Thursday.

Traded volume fell to 153.54 million shares from 166.4 million shares last session.

The food retailing sector led the worst performers and declined 2.06%, affected by Al Abdullah Al Othaim Markets which went down 2.74% to SAR 107.

The banks sector shed 0.5%, weighted by Al Rajhi Bank and the National Commercial Bank which lost 0.14% to SAR 63.75 and 1.12% to SAR 39, respectively.

The material sector also inched down 0.06%, after SABIC slipped 0.07% to SAR 96.75.

The REIT index led the best performers and hiked 8.68%, backed by AlJazira REIT and Riyad REIT which advanced 9.77% and 8.28%, respectively.

The telecom sector shed 0.04%, on the back of Saudi Telecom Co which went down 0.55% to SAR 66.50.

On the stock level, Saudi Research and Marketing topped losing shares and fell 3.69% to SAR 19.85, while Jazadco led gaining shares and increased 5.24% to SAR 14.45.

Alinma Bank was the most active stock in terms of traded values and volumes with 20.45 million shares exchanged at a value of SAR 307.95 million. The stock decreased 0.13% to SAR 15.

MUBASHER Contribution Time: 02-Apr-2017 14:25 (GMT)
MUBASHER Last Update Time: 02-Apr-2017 14:35 (GMT)