Closing Bell: Saudi main index ends lower at 10,998

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Wednesday, losing 100.13 points, or 0.90 percent, to close at 10,998.67.

Total trading turnover reached SR3.57 billion ($952.5 million), with 80 stocks advancing while 168 retreated.

The MSCI Tadawul Index also fell, down 14.56 points, or 1.01 percent, ending the session at 1,432.65.

The Kingdom’s parallel market, Nomu, recorded a modest decline of 42.44 points, or 0.18 percent, to close at 23,892.47, with 27 stocks advancing and 48 falling.

The top performer of the day was Zahrat Al Waha for Trading Co., whose share price surged 5.28 percent to SR2.59. Arabian Contracting Services Co. saw its shares rise 4.75 percent to SR112.50, while Al Moammar Information Systems Co. gained 4.45 percent to SR148.

Closing Bell: Saudi main index ends lower at 10,998

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