The Saudi Stock Exchange’s (Tadawul) benchmark Tadawul All-Share Index (TASI) closed Thursday’s trading session with negative performance, pressured by the recent attacks in the Gulf of Oman.
Earlier Thursday, two “Japan-related” oil carriers near the strategic Strait of Hormuz were reportedly attacked.
The US Navy’s 5th Fleet stated that it is “aware of the reported attack on tankers in the Gulf of Oman.”
TASI plunged by 143.21 points, or 1.58%, to finish the session at 8,941.54 points.
TASI’s turnover shrank to SAR 4.45 billion on Thursday, compared to SAR 4.69 billion on Wednesday, while the market’s traded volume decreased to 181.76 million shares from 184.87 million the session before.
The telecommunication sector topped the losers falling 2.85%, followed by the media sector with 2.8%.
Similarly, the banking sector retreated by 1.61%, while the material sector levelled down 1.55%.
Meanwhile, NOMU, the main index of the Nomu secondary market, went down 6.33 points, or 0.18%, to finish the session at 3,548.53 points.
Arab Sea Information System Company’s stock was Nomu’s best performer with 0.44%, while Al Kathiri Holding Company’s stock was Nomu’s worst performer after falling 5.45%.