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TASI sheds 170 pts in week; Market cap hits SAR 1.8trln

TASI sheds 170 pts in week; Market cap hits SAR 1.8trln
A number of 14 sectors declined

Riyadh – Mubasher: The Saudi Stock Exchange’s Tadawul All-Share Index (TASI) went down by 169.2 points, or 2.14%, to 7,744.08 points in a week.

A number of 14 sectors declined including the telecom, materials, and banking sectors which shed 4.19%, 2.33%, and 2.28%, respectively.

Market capitalisation levelled down to SAR 1.82 trillion ($485 billion) over the week, compared to SAR 1.86 trillion ($495.6 billion) in the previous week.

Trading volume shrank to 506.98 million shares and liquidity fell to SAR 12.6 billion.