|24 January, 2020

Saudi TASI levels down by 0.87% in week; market cap hits $2.36trln

A group of 12 sectors rose, including the transportation, capital goods, and consumer services sectors which added 2.51%, 2.36%, and 1.86%

A Saudi trader monitors stocks at the Saudi stock market in Riyadh, Saudi Arabia, January 8, 2020.

A Saudi trader monitors stocks at the Saudi stock market in Riyadh, Saudi Arabia, January 8, 2020.

REUTERS/Ahmed Yosri

Riyadh –  The Saudi Stock Exchange’s Tadawul All-Share Index (TASI) shed 0.87% to 8,386 points in a week.

Market capitalisation decreased to SAR 8.85 trillion ($2.36 trillion) over the week, compared to SAR 8.91 trillion ($2.37 trillion) in the previous week.

A group of 12 sectors rose, including the transportation, capital goods, and consumer services sectors which added 2.51%, 2.36%, and 1.86%, respectively.

Meanwhile, a number of 9 sectors went down, led by the telecom sector.

Trading volume fell to 860.9 million shares, while liquidity shrank to SAR 18.42 billion.

Source: Mubasher

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