The Saudi stock market continued its losses at the end of yesterday's session, Wednesday, recording its second consecutive decline, amid a decline in 3 sectors, led by the banking sector.
The general index of the market, TASI, ended its trading down by 0.28%, losing 34.45 points of its value, falling to 12,465.98 points.
The trading value decreased to 9.58 billion riyals, compared to 10.23 billion riyals in the previous session, and the volume decreased to 367.27 million shares, compared to 371.83 million shares at the end of the session before yesterday, Tuesday.
The red color dominated the performance of the sectors, led by the communications sector, which fell by 1.69%, the banking sector declined by 0.44%, and the basic materials sector recorded a decline of 0.22%.
Gains were limited to 7 sectors, led by the transportation sector after rising 2.84%, while the energy sector closed with a 0.16% increase, contradicting the performance of the major sectors.
In terms of stock performance, losses included 131 stocks, led by Sinomi Retail, which fell by 5.16%. 96 stocks closed in the green, led by Eastern Development, which rose by 9.95%.
Al Rajhi shares recorded the highest trading value, at 529.46 million riyals, and the highest volume was for Allianz shares, at a volume of 30.79 million shares, after executing 6 private deals on 30 million shares of the company’s shares, at a value of 499 million riyals.
As for the performance of the parallel market, the (Maximum Growth) index closed up 0.35%, with gains of 92.53 points, raising it to 26,401.91 points.
Future Care stock recorded the highest gains after rising by 10.68%, while the highest losses were for Al-Qama stock, which closed down by 9.72%.
The Saudi Stock Exchange ended Tuesday's session down 1.64%, recording the highest losses since last January, amid a near-collective decline in sectors.
