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TASI slides 72 pts, Nomu retreats 33 pts at Monday’s open

TASI slides 72 pts, Nomu retreats 33 pts at Monday’s open
By 10:57 am KSA time, TASI saw trading of 33.47 million shares, through 18,130 transactions, generating SAR 643.4 million

Riyadh – Mubasher: The Saudi Stock Exchange’s Tadawul All Share Index (TASI) started Monday 1.04% or 72.25 points lower to reach 6,902.81 points.

By 10:57 am KSA time, TASI’s trading volume amounted to 33.47 million shares, through 18,130 transactions, with a liquidity of SAR 643.4 million.

The banks sector lost 1.6% as the National Commercial Bank’s (NCB) stock fell 4.6%, followed by telecommunication services with 1.4% after Etihad Etisalat Co’s (Mobily) stock tumbled 5%, media with 1.3%, and materials with 0.6%.

On the other hand, the utilities sector inched up 0.35%.

Abdullah Abdul Mohsen Al Khodari Sons Company’s (Al Khodari) stock went up 3.3%.

Meanwhile, the main index of the Nomu-Parallel Market, NOMU, slid 1.1% or 33.40 points reaching 3,023.29 points.

Thob Al-Aseel Company’s stock decreased 1.6%, whereas the stocks of Raydan Co and Al-Samaani Factory for Metal Industries grew 5.3%, and 3.5%, respectively.