The Saudi Stock Exchange (Tadawul) ended Monday’s trading in the red zone, losing 0.26% or 16.72 points, closing at the level of 6357.57 points.
The instability in oil prices is resulting in uncertainty in the market, leading to today’s decline, financial analyst Ahmed Almaliki told Mubasher.
More than 145 million shares were traded today through more than 66,000 transactions.
Total traded value decreased 11% to SAR 2.7 billion from SAR 3.11 billion on Sunday.
A total of 68 stocks rose today, while another 92 declined.
Similarly, 12 stocks fall today, led by insurance with 1.24%.
On the other hand, 3 stocks increased today, with energy in the lead with 1.97%, followed by hotels and tourism with 0.57%.
United Cooperative Assurance was the top gainer with 6.82% closing at SAR 15.2, while Mubarrad was the biggest loser, dropping 4.38% and closing at SAR 60.25.
Alinma Bank was the most active in terms of traded volume with 32 million shares, while SABIC registered the highest traded value with SAR 106 million.