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TASI sinks 203 pts in week; Market cap reaches SAR 1.84trln

TASI sinks 203 pts in week; Market cap reaches SAR 1.84trln
The banking sector decreased by 2.3%

Riyadh – Mubasher: The Saudi Stock Exchange’s Tadawul All Share Index (TASI) declined by 203.55 points, or 2.52%, to stand at 7,859.06 points in a week.

Market capitalisation went down to SAR 1.844 trillion ($491.8 billion), over the week, compared to SAR 1.898 trillion ($506.1) in the previous week.

The capital goods and energy sectors rose by 0.27% and 0.33%, respectively, while the telecom sector dropped 5.4%. The materials sector shed 3.03% and the banking sector decreased by 2.3%.

Trading volume hit 549.66 million shares, while liquidity registered SAR 15.06 billion.