Saudi stock market closes Thursday in red zone

Saudi stock market closes Thursday in red zone

The main All Share Index (TASI) of the Saudi Exchange (Tadawul) fell by 134.14 points (0.98%) at 13,534.40 points on Thursday. The turnover declined to SAR 8.20 billion after 181.37 million shares were traded, compared to SAR 9.19 billion and 182.21 million shares in the previous session. The media sector was the top decliner with 3.33%, while the software sector advanced the gainers with 0.49%. Tanmiah Food Company led the fallers with 5.61%, while Al Abdullatif Industrial Investment headed the risers with 5.85%. Saudi Home Loans was the most active stock in terms of trading volume and value with 27.56 million shares exchanged at SAR 753.84 million. The Nomu-Parallel Market Capped Index (NomuC) also lost 103.71 points (0.43%) to close at 23,830.45 points. Advance International Company for Communication and Information Technology (AICTEC) was the top faller with 4.42%, while National Building and Marketing Company topped the risers with 1.71%.