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TASI levels down 116 pts in week

TASI levels down 116 pts in week
Eight sectors declined

Riyadh – Mubasher: The Saudi Stock Exchange’s Tadawul All-Share Index (TASI) declined by 116.16 points, or 1.34%, to close at 8,550.23 points in a week.  

Market capitalisation went down to SAR 2.02 trillion ($539 billion) over the week, compared to SAR 2.05 trillion ($545.4 billion) in the previous week.  

Eight sectors declined, including the banking, materials, and food & staples retailing sectors, which shed 2.25%, 2.11%, and 5.05%, respectively.

Meanwhile, a group of 13 sectors grew, led the energy sector, which added 3.67%.

Trading volume hit 562.87 million shares, while turnover amounted SAR 15.18 billion.