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TASI closes below 9,700 mark; one sector in green

TASI closes below 9,700 mark; one sector in green
Photo Credit: Arabianeye-Reuters

Riyadh-Mubasher: The Tadawul All-Share Index (TASI) declined 0.39% or 37.96 points to close Wednesday at 9,678 points.

Turnover exceeded SAR 6 billion, after more than 174 million shares were exchanged through 113,800 transactions.

Rounding up sectors, 14 declined, led by the transport and energy sectors which dropped 2.69% and 1.46%, respectively. Meanwhile, the media sector advanced, rising 0.44%. 

As for equities, losers eclipsed gainers 100 to 41. Wafa Insurance was the best performer, rocketing 7.41% to SAR 23.25, followed by AlJouf Agriculture which jumped 7.10% to SAR 49.40.

On the flipside, Bahri was the biggest drag, falling 4.48% to SAR 52.50. SABB Takaful had the second-worst showing, dipping 2.67% to SAR 48.20.

Saudi retailer Jarir was the most active with a turnover of SAR 698.8 million, while Alinma Bank led in a trading volume with 16.597 million shares. 

Translated by Abdul Maguid Aboshahla