Riyadh - Mubasher: Halwani Bros Company saw a negative performance in the first session of the week, extending its losses for the seventh session in a row.

The stock fell 4.2% to stand at SAR 51.75 by 02:15pm KSA time.

Traded volume on the stock reached 62,600 shares exchanged at a value of SAR 3.2 million through 189 transactions.

The Saudi Stock Exchange (Tadawul) lost 0.98% or 67.81 points to reach 6,8549 points at this time.

Food and beverages shed 0.52%, weighted by Halwani’s decrease.

The Saudi-listed firm reported a net loss of SAR 15.73 million in the fourth quarter of 2016 against profits of SAR 38.7 million in the year-ago period.