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Saudi stock market closes Monday in red zone

Saudi stock market closes Monday in red zone
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Riyadh – Mubasher: The main market’s All Share Index (TASI) of the Saudi Exchange (Tadawul) fell by 71.48 points (0.65%) to 10,877.94 points on Monday.

The turnover reached SAR 5.37 billion through the trading of 190.11 million shares.

The pharma sector was the top decliner with 7.35%, while the software and services sector headed the gainers with 0.50%.

Saudi Pharmaceutical Industries and Medical Appliances Corporation (SPIMACO) led the losers with 7.35%, while Lumi Rental Company advanced the risers with 30%.

Saudi Arabian Oil Company (Aramco) recorded the biggest trading volume and turnover of 16.10 million shares and SAR 547.34 million, respectively.

Similarly, the Parallel Market Capped Index (NomuC) closed lower at 22,236.99 points after plunging by 134.04 points (0.60%).

Marble Design Company led the fallers with 6.04%, while Abdulaziz and Mansour Ibrahim Albabtin Company (Al Babtain Food) headed the risers with 9.09%.