Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed in the red on Thursday, on the back of a semi-collective drop of its sectors, after 4 straight gains.
The main index shed 0.44% or 29.58 points to 6,661.65 points versus a combined rise of 2.9%, or 191.35 points, in the last 4 sessions.
Traded value retreated 11.7% to SAR 4.75 billion ($1.27 billion) compared to SAR 5.37 billion ($1.43 billion) on Wednesday.
Trading volume was also down 16.15% to 278 million shares from 331 million shares in the previous session.
The retail sector was the only gainer increasing 0.35%, backed by seven stocks led by Abdullah Al Othaim Markets, which rose 3.28%.
The industrial investment sector was the worst performer losing 0.83%, followed by the building and construction, petrochemical industries and real estate development sectors by 0.66%, 0.57% and 0.56%, respectively.
On the other hand, the agriculture and banks sectors gained 0.52% each.
On the stocks level, 52 shares levelled up, 112 were down and 6 remained stable.
Saudi United Cooperative Insurance Co. (Walaa) was the best performer advancing 9.69%, followed by Saudi Transport and Investment (Mubarrad) by 8.92% and Arabian Shield Cooperative Insurance by 6.37%.
Saudi Industrial Development Co. (SIDC) was the top loser falling 3.25%, followed by Saudi Public Transport Co. (Saptco) by 2.73% and Alujain Corporation by 2.57%.
