The Saudi stock market recorded mild losses yesterday, as investors cashed in on large-cap stocks.
Most of heavyweights finished to the downside, with Kingdom holding dipping by 2.3 percent, Samba Financial Group 0.9 percent and bellwether SABIC (Saudi Basic Industries Corp.) 0.8 percent.
However, Saudi Arabia’s benchmark stock index spending most of the session in the downward territory ended lower to 7,071.57 points, down 16.25 points or 0.23 percent, from its previous day close at 7,087.82 points.
It went 6.6 points above and 30.9 points below the break-even line during the day.
Read more: http://www.arabnews.com/six-day-surge-ends-tadawul-0
No comments:
Post a Comment