Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) ended Sunday on a negative note, marking its third decline in a row.
The main index fell 1.2 % or 82.78 points to stand at 6,834.06 points.
Traded values decreased to around SAR 2.62 billion ($700 million) compared to SAR 4.27 billion ($1.14 billion) on Thursday, while traded volumes reached 152.8 million shares down from 215.6 million shares in the last session.
The commercial and professional services sector was the only gainer and added 0.77%, backed by Saudi Catering which increased 0.97% to SAR 88.50.
The media sector led the worst performers falling 3.78% weighted by Saudi Research and Marketing and Tihama which decreased 3.51% and 0.7%, respectively.
The capital goods sector levelled down 1.4%, on the back of SABIC which went down 0.75% to SAR 95.75.
The banks sector shed 0.52%, as the National Commercial Bank (NCB) fell 1.45% to SAR 39.40, while Al Rajhi Bank slightly added 0.03% to SAR 63.
The telecom sector lost 0.4% after Mobily and Zain lost 0.89% and 0.92%, respectively, while Saudi Telecom Co (STC) closed stable at SAR 65.75.
Saudi United Cooperative Insurance led the 149 losing shares and declined 5.28%, while Bank AlJazira topped the 19 gaining shares and hiked 9.85%.
Al Inma Bank was the most active in terms of traded values of SAR 255.8 million; the stock went down 0.55%.
Dar Al Arkan was the most active in terms of traded volume exchanging 29.5 million shares; the stock fell 1.3%.
