“TASI” below 11,500 points, for 1st Time, in Nov

The Saudi stock index “TASI” finished the first trading session of the week, down to 224.51 points, dropping 1.92%, from the previous session, ending at 11485.94.45 points, the lowest close, in over a month and a half, precisely since October 4^th.

The parallel market index “Nomu,” on the other hand, completed Sunday’s session with a loss of 597 points, or 2.43%, compared to the previous session, closing at 23971.26 points.

Throughout the execution of as many as 1840 agreements.

Liquidity on the main market “Tadawul” was at SR5.6 billion, resulting from 161.5 million shares traded and 293.8 thousand executed deals, with 15 companies’ shares increasing and 186 companies’ shares declining.

In terms of sectors, 20 of the 21 market sectors declined, topped by long-term commodities losing 4%, consumer services losing 3%, transportation losing 2.7%, investment and finance losing 2.3%, basic materials and banking losing 2.2%, while the real estate management and development sector closed 0.4% higher.

Makkah 2.5%, Jabal Omar 2.2%, Ceramics 1.5%, Bahr Al Arab 1.2%, and Shams 1.1%, were the biggest rising companies, in the session.

While Naseej lost 7%, Midgulf also fell 6.1%, Canadian Center 6%, Fitaihi 5.6%, Raydan 5.4%, National Building and Marketing 5.3%, and Takween 5.2%, were the biggest decliners.