The Tadawul All Share Index (TASI), the primary index of the Saudi Stock Exchange, fell on Monday for the fourth straight session. It lost 19.40 points, or 0.16 percent, to 11,962.90 points, with SR5.7 billion ($1.5 billion) in liquidity.
With 9.7 million shares traded, Saudi Aramco, which carries the largest weight in the index, dropped 0.18 percent to SR27.25. Shares of Al-Awwal Bank and Riyad Bank dropped by almost 2% to SR34.50 and SR25.35, respectively.
The largest loser was exports, which fell by almost 10% to SR2.75, and Eastern Pipes, which fell by 4% to SR140. Al-Rajhi Bank, on the other hand, saw a 1% increase in its share price, reaching SR87.90. With over SR400 million in value, it was the most active.
Asmak’s share price surged by almost 10% to SR27.75, making it the most profitable company. Saudi Cables’ share price increased by 8.8% to SR81.00. MBC Group’s stock increased by 4.7% to SR44.25 and SR265.60, respectively. At 25495.79 points, the Saudi Parallel Stock Index (Nomu) closed 0.95 percent lower than when it opened. Trades totalling SR67 million and 4 million shares were exchanged.
Also Read:
New General Consul of India Eager to Strengthen Relations with Saudi Arabia
