By: Thabet Shehata 

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) saw negative performance during the week ended 29 September, posting its lowest level in about eight months in line with the fall of all sectors, amid growing liquidity levels.

Tadawul’s benchmark index lost 5.47% or 325.6 points in week to reach 5,623.34 which is the biggest weekly loss since 22 January.

Market cap decreased by SAR 64.88 billion ($17.3 billion) in week to SAR 1.325 trillion ($353.43 billion).

The hotel and tourism sector headed the decliners of the week with a fall of 18.17%.

The average turnover per session grew 49% to SAR 3.36 billion ($869.6 million), while the average trading volume per session gained 62% to 212.26 million shares.

Saudi Research and Marketing Group was the top loser this week with a drop of 23% to SAR 21.21.

STC levelled down 2.32% to SAR 55.63, while Mobily stock retreated 12.37% to SAR 18.71.

Meanwhile, Halwani Bros was the top winner with a growth of 7.5% to reach SAR 47.30.

Al Inma Bank was the most active stock on which 303.34 million shares were traded in a week with a value of SAR 3.55 billion. The stock fell 8.45% to SAR 11.38.