TASI loses 1.7% in week, market cap down SAR 34m

TASI loses 1.7% in week, market cap down SAR 34m
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Riyadh - Mubasher: The Saudi Stock Exchange (Tadawul) ended the week in losses, as the market capital decreased by SAR 33.9 billion to a total SAR 1.910 trillion.

The Tadawul All Shares Index (TASI) lost 1.7%, or 141 points this week as it closed at the level of 8,107.47 points.

Traded values declined by 5.9% to a total SAR 23.8 billion, while volumes dropped 15.5% to 995 million shares.

17 sectors ended the week in red, led by transport that lost 5%, followed by insurance and pharmaceuticals with 4.7% and 4.6%, respectively.

On the other hand, three sectors increased, as commercial services rose 1.3%, while retailing and telecom went up 1.1% and 1%, respectively.