The Saudi Stock Exchange ended today's session in red, recording its fifth consecutive decline, in light of the decline in the communications sector, despite the rise of 3 major sectors, amid a decline in trading.
The general index of the market, TASI, recorded a decline of 0.19%, losing 22.99 points of its value, falling to 12,231.54 points.
The trading value decreased to 4.88 billion riyals, compared to 6.9 billion riyals in the previous session, after trading volumes decreased to 271.28 million shares, compared to 189.21 million shares, at the end of Thursday’s session.
In terms of sector performance, the basic materials sector jumped by 1.54%, the banking sector recorded an increase of about 0.87%, and the energy sector rose by 0.14%.
In contrast, the performance of the telecommunications sector declined by 0.63%.
The losses included 163 stocks, led by Chubb stock, which decreased by 9.91%. The closing of 163 stocks was in the green, led by Thimar stock, which closed up by 9.89%.
Saudi Pipes stock recorded the highest trading value of 431.77 million riyals, and the highest volume was for Shams stock, with a volume of 23.70 million shares.
In terms of the parallel market performance, the (Maximum Growth) index closed down by 1.71%, with a loss of 457.42 points, falling to 26,230.83 points.
The general index of the market, TASI, recorded a decline of 0.82% during Thursday’s session, losing 101.16 points of its value, falling to 12,254.53 points.
