Riyadh: The Saudi Stock Exchange (Tadawul) ended Tuesday's trading session on a negative note after its benchmark Tadawul All Share Index (TASI) fell 28.16 points, or 0.33%, to close the session at 8,462.59 points, while the parallel market advanced.

TAIS’s trading volume stood at 106 million shares on Tuesday, against 124.48 million on Monday, while liquidity decreased to SAR 2.83 billion ($754.67 million), from SAR 3.39 billion ($905.07 million).

The food and beverages sector levelled down 1.13%, followed by the materials, telecommunication services and banking sectors with 0.73%, 0.32%, and 0.03%, respectively.

On the other hand, the insurance sector inched up 0.8%, while the media sector added 0.55%.

Saudi Arabia Refineries Company’s (SARCO) stock was the worst performer after dropping 3.9%, while Alinma Tokio Marine Co’s stock topped the bourse’s gainers after jumping 10%.

The Saudi Basic Industries Corporation’s (SABIC) stock led in terms of trading value after generating SAR 495 million, while the stock of Alinma Bank topped in terms of traded volume after 19 million shares were exchanged.

The stocks of SABIC and Alinma Bank went down 0.47% and 0.73%, respectively.

In the meantime, NOMU, the main index of the Nomu-Parallel Market, jumped 26 points, or 0.91%, to finish at 2,871.97 points.

Raydan Co’s stock led risers with 6.82%, whereas Development Works Food’s stock declined 3.23%.

Source: Mubasher

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