Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) opened Sunday, the first trading session of Ramadan, in the red, extending losses for the fifth session in a row following a semi-collective decline of its sectors, while the Nomu-Parallel Market remained stable.
A total of 19 sectors were down, led by real estate investment funds (REITs) with 3.2%, followed by industrial equipment and transportation with 2.5% and 1.1%, respectively. As for leading sectors, telecoms dropped 0.56%, while basic materials and banks shed 0.42% and 0.07%, respectively.
On the other hand, the food production sector was the only gainer, edging up 0.07%.
A total of 122 stocks were in the red, led by Tasnee, which fell 4.6%, while 16 were in the green, led by Al Sagr Insurance with 1.9%, as 33 remained unchanged from previous levels.
In the meantime, the Nomu-Parallel Market remained stable at 4,094.79 points. Its stock Al-Samaani Factory for Metal Industries declined 0.91% to SAR 86, while Raydan gained 0.8% to SAR 22.30. The other five stocks remained unchanged.
