TASI down 1.3% following 5 days of gains: Closing bell

RIYADH: Tadawul’s main index TASI was down 1.34 percent to 11,160 points, with most of the stocks ending in negative territory.

Nomu, the parallel market, surged 4.23 percent to reach 27,025 points.

Mouwasat Medical Services Co. and Arab Sea Information System Co. led the gainers, up almost 3.5 percent each.

The session’s biggest decliner Bank Saudi Fransi fell 5.18 percent to SR42.1 ($11.2). 

The next biggest fallers were Arabia Insurance and Sadr Logistics, down 4.98 percent and 4.74 percent, respectively.

Al Rajhi Bank closed lower at SR139.8, weighing most on the index with nearly SR278 million worth of shares traded intraday.

Saudi Basic Industries Corp. declined to SR113.8, down 3 percent.