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Saudi indices open Monday on negative note

Saudi indices open Monday on negative note
The consumer services sector fell 0.8%

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) started Monday's trading session in red territory after its main Tadawul All Share Index (TASI) slumped 35.37 points, or 0.4%, to 8,029.55 points.

By 10:42 am Saudi time, TASI’s trading volume reached 18.29 million shares exchanged at a turnover of SAR 487.79 million through 14,520 transactions.

The consumer services sector fell 0.8%, followed by the food and beverages sector with 0.7%. While the telecommunication services, banking and materials sectors dipped 0.69%, 0.6%, and 0.3%, respectively. 

The commercial and professional service sector increased by 0.6%.

Arabian Pipes Company’s stock decreased 2.4%, whereas Alujain Corporation’s stock rose 4.4%.

Meanwhile, NOMU, the benchmark index of the Nomu-Parallel Market, levelled down 2.43 points, or 0.09%, to 2,804.67 points.

Baazeem Trading’s stock inched down 0.2%.