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| 21 May, 2018

Saudi indices seen negative at Monday's close

The Saudi Stock Exchange ended in the red after its benchmark Tadawul All Share Index decreased 21.6 points or 0.27%

A trader uses his mobile as he monitors screens displaying stock information at the Saudi Stock Exchange (Tadawul) in Riyadh June 15, 2015.

A trader uses his mobile as he monitors screens displaying stock information at the Saudi Stock Exchange (Tadawul) in Riyadh June 15, 2015.

REUTERS/Faisal Al Nasser

Riyadh –  The Saudi Stock Exchange (Tadawul) ended Monday in the red after its benchmark Tadawul All Share Index (TASI) decreased 21.6 points or 0.27%, reaching 7,996.4 points.

TASI’s trading volume reached 105.7 million shares down from 117.1 million shares on Sunday, while liquidity fell to SAR 2.5 billion from SAR 2.6 billion.

The media, banks, and materials sectors levelled down 4.27%, 0.26%, and 0.24%, respectively, whereas the retailing sector rose 1.45% and the telecommunication services sector grew 0.93%.

Anaam International Group’s stock led losers, falling 5.7% to SAR 12.8, whereas Takween Advanced Industries’ stock was the best performer, surging 7.5% to SAR 10.84.

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In the meantime, the main index of the Nomu-Parallel Market, NOMU, tumbled 27.8 points or 0.89% to 3,083.98 points.

Nomu’s traded value amounted to SAR 1.3 million on Monday, compared to SAR 1.4 million in the previous session.

Baazeem Trading’s stock increased 2.7% to SAR 26, whereas Raydan Co’s stock was the worst performer with 5.3%.

Source: Mubasher

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