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TASI hits 4th straight low, Nomu rises modestly Sunday

TASI hits 4th straight low, Nomu rises modestly Sunday

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) finished Sunday’s trading session in red territory after its benchmark Tadawul All Share Index (TASI) levelled down 9.71 points, or 0.12%, registering its fourth drop in a row.

TASI’s traded volume decreased to 95.88 million shares, from 144.84 million in the session before, while liquidity slid to SAR 2.15 billion ($572.27 million), from SAR 3.27 billion ($871 million).

The energy sector declined 0.94%, followed by the food and staples retailing sector with 0.84%.

The telecommunication services, materials, and banking sectors edged down 0.47%, 0.16%, and 0.15%, respectively. 

On the other hand, the transportation sector rose 0.77%, while the real estate management and development sector inched up 0.53%.

Al Alamiya for Cooperative Insurance Company’s stock led losers with 3.02%, while Saudi Enaya Cooperative Insurance Company’s (Enaya) stock topped gainers after jumping 9.89%.

In the meantime, NOMU, the main index of the Nomu secondary market, went up 8.9 points, or 0.37%, to finish at 2,424.84 points.

Arab Sea Information System Co’s stock topped the secondary market risers after gaining 1.87%.