TASI extends losses for third session as investors await results: Closing bell

RIYADH: Saudi Arabia’s stock market ended lower on Monday, continuing its loss for the third straight session as earnings season begins and investors await results.

The Tadawul All Share Index fell 0.31 percent to end at 11,530, while the parallel market Nomu edged 0.74 percent lower to finish at 19,794.

Saudi oil giant Aramco ended with 0.69 percent decline, while Rabigh Refining and Petrochemical Co. edged down 0.81 percent.

The Saudi National Bank, the Kingdom’s largest lender, plunged 2.48 percent, while Saudi British Bank ended the session flat.