Saudi indices close Sunday down

Saudi indices close Sunday down
TASI’s trading volume stood at 167.72 million shares on Sunday

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) ended Sunday’s trading session in the red, for the third session in row, hitting the lowest in a one-and-a-half month, dragged by the drop of all blue chips.

The benchmark Tadawul All Share Index (TASI) decreased 69.99 points, or 0.9%, to 7,800.88 points.

TASI’s trading volume stood at 167.72 million shares on Sunday, against 191.58 million on Thursday, while liquidity tumbled to SAR 3.85 billion from SAR 4.49 billion in the previous session.

The real estate sector topped TASI’s 11 decliners falling 1.3%, followed by telecommunication, materials and banking segments with 1.1%, 1.1% and 1.05%, respectively.

Meanwhile, the media sector topped the market’s eight gainers adding 2.9%, followed by the diversified financials which hiked 1.9%.

SABIC’s stock led the market in terms of liquidity with SAR 730.77 million, while  Dar Arkan’s stock headed the bourse in terms of trading volume with 40.58 million shares.

On the other hand, NOMU, the main index of the Nomu-Parallel Market, retreated 38.55 points, or 1.3%, to end the session at 2,912.95 points.

NOMU’s liquidity reached SAR 3.28 million on Sunday from SAR 5 million in the prior session, while trading volume recorded 148,370 shares compared to the previous session.

Al Samaani’s stock topped the decliners with 5.7%, whereas Al Kathiri’s stock spearheaded gainers with 5.1%.