Tadawul All Share Index (TASI) extended its downward movement for the fourth successive session, hitting its lowest level in a month, weighed by news about crude slump.
Meanwhile, the newly-debuted stock NCB shrugged off the market downtrend, continuing its rise for the third successive day at its maximum limit, amid lack of offer orders, which signals more rises.
Likewise, Mobily, the biggest telecom stock, bucked the market downtrend amid active traded volume and value.
The index shut Sunday’s session 1.32% or 127.85 points lower at 9551.81 points, compared with 9681.66 points on Thursday.
The benchmark lost 2.4% or 239.39 points during the four-session losing run. Today’s closing level is the lowest since October 16.
Thirteen sectors shut in the red territory, while telecommunications & It rose 0.91% backed by Mobily, followed by media & publishing (+0.03%) that was powered by Tihama and Saudi Printing.
Meanwhile, hotels & tourism was the biggest loser (-2.85%), followed by industrial investment (-2.44%), retail (-2.28%), petrochemical industries (-1.98%), banks & financial services (-1.25%) and cement (-0.84%).
23 stocks moved higher, 131 stocks moved lower and 8 remained unchanged.
NCB was the top gainer (+9.68%), followed by Malath Insurance (+7.5%).
Tadawul announced Sunday that a special transaction was executed on Malath Insurance. A total of 68,409 shares in the company were exchanged at SAR 28.30 each, totaling SAR 1,935,975.
On the negative front, Medgulf was the biggest loser (-9.69%), followed by Maadaniyah (-6.77%), Amana Insurance (-6.42%) and Tawuniya (-6.4%).
Today’s traded value rose 2.65% to SAR 6.1 billion, compared with SAR 5.9 billion on Thursday. It is 17.57% and 20.35% lower than the weekly and monthly average values of SAR 7.38 billion and EGP 7.6 billion respectively.
Traded volume fell 9.68% to 172.95 million shares from 191.5 million shares exchanged on Thursday. It is 9.68% and 19.52% lower than the weekly and monthly average volumes reaching 214.89 million shares and 231.38 million shares respectively.
Mobily was the most active with turnover reaching SAR 972.7 million, followed by Alinma Bank (SAR 476.6 million) and Malath Insurance (SAR 416.5 million). Meanwhile, Alinma Bank was the top active with traded volume of 20.1 million shares, followed by Mobily (17.2 million shares) and Malath Insurance (12.56 million shares).
Meanwhile, the newly-debuted stock NCB shrugged off the market downtrend, continuing its rise for the third successive day at its maximum limit, amid lack of offer orders, which signals more rises.
Likewise, Mobily, the biggest telecom stock, bucked the market downtrend amid active traded volume and value.
The index shut Sunday’s session 1.32% or 127.85 points lower at 9551.81 points, compared with 9681.66 points on Thursday.
The benchmark lost 2.4% or 239.39 points during the four-session losing run. Today’s closing level is the lowest since October 16.
Thirteen sectors shut in the red territory, while telecommunications & It rose 0.91% backed by Mobily, followed by media & publishing (+0.03%) that was powered by Tihama and Saudi Printing.
Meanwhile, hotels & tourism was the biggest loser (-2.85%), followed by industrial investment (-2.44%), retail (-2.28%), petrochemical industries (-1.98%), banks & financial services (-1.25%) and cement (-0.84%).
23 stocks moved higher, 131 stocks moved lower and 8 remained unchanged.
NCB was the top gainer (+9.68%), followed by Malath Insurance (+7.5%).
Tadawul announced Sunday that a special transaction was executed on Malath Insurance. A total of 68,409 shares in the company were exchanged at SAR 28.30 each, totaling SAR 1,935,975.
On the negative front, Medgulf was the biggest loser (-9.69%), followed by Maadaniyah (-6.77%), Amana Insurance (-6.42%) and Tawuniya (-6.4%).
Today’s traded value rose 2.65% to SAR 6.1 billion, compared with SAR 5.9 billion on Thursday. It is 17.57% and 20.35% lower than the weekly and monthly average values of SAR 7.38 billion and EGP 7.6 billion respectively.
Traded volume fell 9.68% to 172.95 million shares from 191.5 million shares exchanged on Thursday. It is 9.68% and 19.52% lower than the weekly and monthly average volumes reaching 214.89 million shares and 231.38 million shares respectively.
Mobily was the most active with turnover reaching SAR 972.7 million, followed by Alinma Bank (SAR 476.6 million) and Malath Insurance (SAR 416.5 million). Meanwhile, Alinma Bank was the top active with traded volume of 20.1 million shares, followed by Mobily (17.2 million shares) and Malath Insurance (12.56 million shares).
Source:
Mubasher Exclusive
