Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Sunday in red territory after its benchmark Tadawul All Share Index (TASI) plunged 120.84 points, or 1.6%, to 7,469.81 points, registering its lowest level in more than six months or since 7 March.
TASI’s trading volume stood at 116.83 million shares, up from 92.33 million on Thursday, while traded value rose to SAR 2.32 billion, from SAR 2.02 billion.
The pharmaceuticals, energy, banks, materials, and telecommunication services sectors tumbled 3.1%, 2.9%, 2.1%, 1.7%, and 0.64%, respectively.
On the other hand, the real estate management and development sector inched up 0.4%, while the real estate investment traded funds (REITs) sector went up 0.06%.
Saudi Kayan Petrochemical Company’s stock was the worst performer after dropping 8.4%, whereas the stock of Mobile Telecommunication Company Saudi Arabia (Zain) was the best performer after jumping 9.1%.
Saudi Kayan Petrochemical Company’s stock was the most active after 22.14 million shares were exchanged, generating a turnover of SAR 345.8 million.
In the meantime, NOMU, the main index of the Nomu secondary market, slumped 92.64 points, or 3.6%, to 2,499.50 points, recording its lowest level since launching on 26 February 2017.
Nomu’s trading value amounted to SAR 690,280, up from 97,900 on Thursday, while traded volume hit 61,850 shares, compared to 4,140 shares during the previous session.
Abdullah Saad Mohamed Abo Moati for Bookstores Company’s stock fell 5.5%.
Arab Sea Information System Co’s acquired Nomu’s trading activities after 24,500 shares were exchanged, with a turnover of SAR 243,170.
