TASI closes Wednesday ending 6 sessions streak of rises| MENAFN.COM

Monday, 05 December 2022 11:55 GMT

TASI closes Wednesday ending 6 sessions streak of rises


(MENAFN) Saudi Arabia’s benchmark index ended in the negative on Wednesday, losing its streak of six consecutive increases in the previous exchange sessions.

The Tadawul All Share Index declined 0.09 percent to close at 11,770 whereas the similar market Nomu slid down 0.63 percent to end at 20,210.

Saudi oil giant Aramco closed the day with a 0.14 percent decrease, whereas Rabigh Refining and Petrochemical Co. was 0.4 percent lower.

The Saudi National Bank, the nation’s biggest lender, earned 0.46 percent, whereas Saudi British Bank saw a drop of 0.12 percent.

The nation’s highest valued bank Al Rajhi added 0.36 percent, whereas Alinma Bank fell 1.43 percent.

Tihama Advertising and Public Relations Co. dropped 4.2 percent to top the decliners, whereas Gulf Insurance Group climbed 8.33 percent to top the earners.

The earners contained Saudi Printing and Packaging Co., which added 5.15 percent, as well as Raydan Food Co., which soared 4.58 percent.

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