Riyadh – Mubasher: The Tadawul All Share Index (TASI) dropped by 0.42% on Wednesday to reach the level of 8,496.85 points. The benchmark index lost 36.15 points.

Turnover amounted to SAR 8.924 billion while the trading volume recorded 372.732 million shares.

Energy fell by 0.44% while banks and telecommunication services inched down by 0.63% and 0.17%, respectively. However, materials added 0.08%.

BinDawood Holding came on top of the winning stocks with 10%, whereas Saudi Marketing Company (Farm Superstores) headed the losing stocks with 4.02%.

Methanol Chemicals Company (Chemanol) led the trading activity after exchanging 33.571 million shares while Saudi Cable Co. achieved the highest turnover of SAR 490.042 million.

At the same time, the Nomu-Parallel Market Capped Index (NomuC) increased by 2% to 15,261.14 points.

National Building and Marketing Co. was the top gainer with 12.87%, whereas Development Works Food (DWF) Company was the top loser with 6.91%.