Categories: Business

Closing Bell: Saudi stock market falls flat as traded value touches lowest in 3 years


Mon, 2022-12-26 17:20

RIYADH: Saudi Arabia’s Tadawul All Stock Index ran out of steam on Monday as it lost 5.88 points — or 0.06 percent — to close at 10,228.64 as the seasonal slowdown in the last trading week of the year cast its shadow on the bourse.    

The total trading turnover stood flat at SR1.92 billion ($510 million) compared to Sunday’s close and declined against Thursday’s SR2.67 billion. The advance-decline ratio tilted south as 60 stocks of the listed 221 gained while 148 lost. 

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