Riyadh – Mubasher: Saudi stock market ended Sunday’s trades in red, reversing a winning run seen in the last four days.
Tadawul’s main index shed 0.16% or 11.71 points to close at 7,239.9 points.
Meanwhile, six sectors moved higher topped by media and publishing that climbed 8.39% to hit its highest close in more than a year. It was followed by real estate sector that rose 1.62% to continue the rise for the fifth successive session and end at 6,084.62 points; the sector’s highest close in more than a month.
Meanwhile, nine sectors sagged, led by agriculture and food industries (-1.44%), then transportation (-1.16%) and retail (-0.93%).
Sunday’s traded volume rose 11.5% to 253.6 million shares from 227.5 million shares. Turnover also increased by 16.6% to SAR 5.46 billion from SAR 4.56 billion. The number of executed transactions rose by 16.6% to 99,600 from 85,500.
The number of advancing stocks fell to 81 from 100 yesterday, while the number of declining stocks rose to 75 from 59.
Saudi Printing stock was the best performer with a jump of 9.97%, followed by SRMG (+9.94%), the Paper (+9.76%). Arabian Cement was the biggest loser (-2.99%), followed by Alalamiya Insurance (-2.44%) and SABB (-2.43%).
