The Saudi Stock Exchange’s Tadawul All-Share Index (TASI) declined by 109.83 points, or 1.38%, to close at 7,855.3 points on Wednesday, its lowest level in more than eight months.
Most of the market’s sectors went down, led by telecom and consumer services, which shed 2.2% and 2.05%, respectively.
Meanwhile, the material sectors lost 1.56% and the banking sector levelled down by 1.145%.
Al Sorayai led the market’s losers, plunging 5.9%, while Batic topped gainers, adding 2.3%.
The Parallel Market Index, NOMU, inched down 0.06% to close at 3,880.01 points.