Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closes in the red on Tuesday.
The main index shed 0.34% or 23.73 points to stand at 7,038.62 points.
Traded values increased to SAR 4.02 billion ($1.07 billion) compared to SAR 3.7 billion ($987 million) on Monday.
Traded volumes levelled up to 224 million shares compared to 199 million shares yesterday.
The food retailing sector led the worst performers and retreated 0.95%, weighted by National Agriculture Marketing Co. (Thimar) and Al Othaim Markets which levelled down 1.13% to SAR 36 and 0.95% to SAR 101.50, respectively.
The banks sector decreased 0.77%, affected by the National Commercial Bank (NCB) and Al Rajhi Bank which lost 1.2% to SAR 41.10 and 0.83% to SAR 65.50, respectively.
The capital goods sector lost 0.37%, on the back of SAFCO and SABIC which went down 0.69% to SAR 73.75 and 0.03% to SAR 96.50, respectively.
The telecom sector fell 0.21%, after Saudi Telecom Company (STC) retreated 0.41% to SAR 65.75, while Mobily and Zain KSA added 0.05% to SAR 21.75 and 0.68% to SAR 8.85, respectively.
The utilities sector led gainers and increased 3.66%, backed by Saudi Electricity Company (SEC) and GASCO which levelled up 3.84% to SAR 23 and 2.34% to SAR 37.20, respectively.
Etihad Atheeb topped the worst performers and lost 2.78% to SAR 3.50, followed by Saudi Catering which fell 2.09% to SAR 54.
On the other hand, Saudi Indian Company for Cooperative Insurance led the best performers and hiked 7.7% to SAR 22.20, followed by AxA Cooperative Insurance which gained 5.4% to SAR 20.10.
Al Inma Bank was the most active in terms of traded values of SAR 390.6 million; the stock went down 0.35% to SAR 14.20.
Dar Al Arkan was the most active in terms of traded volume exchanging 31.3 million; the stock shed 0.84% to SAR 5.95.
