Tadawul loses 107.3 pts on Monday

Riyadh - Mubasher: The Saudi Stock Exchange (Tadawul) closed Monday’s trades in the red to hit its lowest levels since last November.

The main index lost 1.55% or 107.3 points to stand at the level of 6,823.63 points.

Traded values increased to around SAR 4.07 billion ($1.09 billion) compared to SAR 3.27 billion ($872 million) on Sunday’s session, while traded volumes reached 230.3 million shares up from 189.74 million shares yesterday.

Real Estate Investment Traded Funds was the only gainer adding 1.28%.

The utilities sector led losers decreasing 5.28%, on the back of the decline of Saudi Electricity Co (SEC) and GASCO by 5.55% and 2.52% to SAR 20.25 and SAR 31, respectively.

Capital goods went down 1.41%, after a collective drop for all its stocks except for Al Jouf Cement which increased 1.35%.

The banks sector levelled down 1.19%, as Al-Rajhi shed 0.32% to SAR 62.50.

Trade Union Cooperative Insurance topped worst performance and dropped 9.97% to SAR 18.60, followed by Saudi Chemical which declined 7.41% to SAR 38.50.

On the other hand, SACO led gainers and grew 4.82% to SAR 86, followed by Saudi Advanced Industries which rose 4.49% to SAR 14.20.

Alinma was the most active in terms of traded values of SAR 420.5 million and closed 1.75% down at SAR 14.05. Dar Al Arkan topped traded volume with 34.76 million shares and levelled down 2.87% to SAR 5.80.

Mubasher Contribution Time: 16-Jan-2017 14:09 (GMT)
Mubasher Last Update Time: 16-Jan-2017 14:09 (GMT)