Riyadh – Mubasher: The Saudi Exchange (TASI) closed the trading session in the red, with the main index declining 0.65% to finish at 10,123.62 points.
Trading value reached SAR 3.548 billion, as 200 stocks retreated against 63 gainers. The Media and Entertainment sector led the downturn with a 3.88% drop, followed by Insurance at 2.41% and Commercial & Professional Services at 2.34%.
Arab Sea Information Systems emerged as the top performer on the main market, surging 9.87%. Other notable gainers included Advanced Petrochemical and Sahara International Petrochemical Company (Sipchem), which rose 5.79% and 3.22%, respectively.
Conversely, Watani Iron Steel Company recorded the steepest decline at 9.94%, followed by Amlak International Finance at 7.40% and Arabian Contracting Services Company (Al Arabia) at 5.37%.
In the Parallel Market (Nomu), the index fell 0.99% to close at 21,967.64 points on total turnover of SAR 19 million.
ProMedEx Company led the advancing stocks with an 8.69% increase, while Al Muneef Company for Trading gained 7.84%. The market was weighed down by significant losses in Taqat Mineral Trading, which plunged 22.86%, and International Human Resources Company, which fell 20.00%.