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Tadawul falls mid-session, Nomu opens in red on Wednesday

Tadawul falls mid-session, Nomu opens in red on Wednesday
(Photo credit: Arabianeye - Reuters)

Riyadh – Mubasher: The main index of the Saudi Stock Exchange (Tadawul) fell 0.92% or 63.68 points to 6,849.10 points at Wednesday's mid-session.

By 11:33 KSA time, 73.17 million shares were exchanged at a value of SAR 1.34 billion through 41,630 transactions.

Media topped losing sectors and decreased 2.4%, followed by the insurance and energy sectors by 1.9% and 1.8%, respectively.

The banks and materials sectors went down 1.3% and 1.1%, respectively, while the telecom sector inched down 0.5%.

Tihama led the worst performers and retreated 3.2%, followed by Gulf Union by 3.1%, while Saudi Indian Company for Cooperative Insurance rose 3.6%.

Meanwhile, the main index (NOMU) of Nomu-Parallel Market grew 1.2% to stand at 5,167.26 points.

Abo Moati for Bookstores led the red zone and lost 2.5%.

Baazeem Trading was the only gainer and went up 0.14%, while Al Samaani Factory for Metal Industries Co opened stable.