TASI, Nomu end Wednesday down

TASI, Nomu end Wednesday down
TASI levelled down 0.66%, or 49.16 points, to close at 7,417.17 points.

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Wednesday in the red for the fourth session in a row, hitting the lowest level in 19 sessions, dragged by the drop of all sectors.

The  benchmark Tadawul All Share Index (TASI) levelled down 0.66%, or 49.16 points, to close at 7,417.17 points.

TASI’s traded volume declined to 144.6 million shares on Wednesday, against 221.46 million on Tuesday, while turnover went down to SAR 3.42 billion from SAR 4.59 billion in the previous session.

The commercial and professional services sector topped the market’s losers tumbling 1.4%, followed by capital goods and material which sagged 1.3% and 1%, respectively.

The banking and telecommunication services sectors inched down 0.9% and 0.3%, respectively.

The food and retailing sector topped the market’s five gainers with 3.9%.

In the meantime, the main index of the Nomu-Parallel Market, NOMU, declined 1.2%, or 37.08 points, to 2,997.16 points.

By the end of Wednesday’s session, Nomu’s trading volume declined to 75,570 shares, at a turnover of SAR 1.47 billion.

Al Samaani’s stock spearheaded the parallel market's five risers after surging 14.9%.

While Al Kathiri's stock topped NOMU's three decliners after falling 10.3%, posting the highest liquidity of SAR 598,870.