The Saudi Stock Exchange ended trading yesterday's session, Wednesday (the first session of May), in the red, after gains that lasted for two consecutive sessions, under pressure from major sectors, amid a decline in trading.
The Saudi Stock Exchange (Tadawul) general index closed down 0.40%, losing 49.26 points, to 12,345.65 points.
Trading values fell to 5.97 billion riyals, compared to 7.47 billion riyals in the previous session, and trading volumes fell to 258.80 million shares and 277.94 million shares, at the end of Tuesday’s session.
The communications sector declined by about 0.82%, the basic materials sector recorded a decline of 0.72%, the banking sector declined by 0.71%, and the energy sector recorded a decline of about 0.17%.
In terms of stock performance, losses included 106 stocks, led by Al Baha stock after it declined by about 7.14%, while 110 stocks recorded an increase, led by the Paper Industry stock by 6.57%.
Al Rajhi stock topped the stock activity in terms of value, at about 385.11 million riyals, and the highest volume was for Americana stock, at about 21.50 million shares.
As for the performance of the parallel market, the (Maximum Growth) index closed up 0.10%, equivalent to 26 points, raising it to 26,362.21 points.
