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Tadawul All Share Index (TASI) loses 62.37 points and drops as much as 0.57%
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Trading valued amounted to around US$3.08 billion after exchanging 342.02 million shares
Barring Qatar Stock market in the region which closed higher, Saudi Arabia’s Tadawul All Share Index (TASI) led losses in the GCC dropping as much as 0.57% on Sunday (June 20).
Qatar Stock Exchange gained 19.66 points to reach 10,763.11 on June 20 compared with 10,743.45 points at the end of previous session on June 17.
Bahrain All Share Index closed at 1,568.30 points on Sunday marking an increase of 5.86 points above the previous closing of 1562.62 points on June 17. The Kuwait Stock Exchange weighted index crept up 0.2% to 6,408.6 points.
The Tadawul index, which opened at 10,858.15 points closed at 10,790.75 points, losing 62.37 points compared with the last working session on Thursday (June 17). Even the MSCI Tadawul 30 Index, which opened at 1451.95 points closed at 1441.77 points, down by 0.62% or 9.02 points.
The trading valued amounted to around US$3.08 billion after exchanging 342.02 million shares, lower than US$3,76 billion and 419.02 million shares in Thursday’s session.
While the pharma sector led the losses with 1.43%, the financial services segment gained 3.09%. Saudi Re for Cooperative Reinsurance led the risers with 9.67% and the price of Saudi British Bank (SABB) ended up losing 2.46%.
Likewise, Saudi Advanced Industries Company (SAIC) recorded the highest trading value and volume of US$0.30 billion and 18.94 million shares respectively.
The Nomu-Parallel Market Capped Index (NomuC) ended the session down by 0.99% or 229.54 points at 23,065.96 points.
National Building too ended in red with 1.53%, while Mohammed Hasan Al Naqool Sons topped the gainers with 0.71%.