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Banks weigh on TASI at Thursday’s close

Banks weigh on TASI at Thursday’s close
TASI shed 23.5 points

Riyadh – Mubasher: The Saudi Stock Exchange’s Tadawul All-Share Index (TASI) ended Thursday in the red territory, pushed down by leading sectors, including banking.

TASI shed 23.5 points, or 0.3%, to close at 7,831.8 points, after the banking, material, and consumer durables sectors declined by 0.5%, 0.46%, and 1.71%, respectively.

On the other hand, the media sector grew by 2.13% and the transportation sector added 1.72%.

Trading volume reached 97.32 million shares, while liquidity amounted to SAR 2.57 billion.

The Parallel Market Index, NOMU, rose by 42.58 points, or 1.1%, to 3,922.59 points.