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Tadawul closes Wednesday with negative performance

Tadawul closes Wednesday with negative performance
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Riyadh – Mubasher: The benchmark All Share Index (TASI) of the Saudi Exchange (Tadawul) ended Wednesday’s trading session in the red zone at 11,798.77 points after losing 175.09 points (1.46%).

The turnover reached AED 6.24 billion after 160.37 million shares were exchanged during the session.

The majority of the sectors retreated, headed by the pharma with 2.66%, while the utilities sector led the gainers with 1.93%.

Fitaihi Holding Group topped the gainers with 4.62%, while Al Sagr Cooperative Insurance Company led the decliners with 10%.

Mobile Telecommunication Company Saudi Arabia (Zain KSA) was the most active stock on which 18.30 million shares were traded, whereas Saudi Telecom Company (stc) recorded the highest turnover of SAR 488.32 million.

The Nomu-Parallel Market Capped Index (NomuC) also closed the session lower by 223.93 points (1.12%) at 19,714.75 points.

Natural Gas Distribution Company was the top riser with 6.04%, while Gas Arabian Services Company led the fallers with 7.71%.