RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Sunday, losing 68.25 points, or 0.66 percent, to close at 10,258.22.
The total trading turnover of the benchmark index was SR2.7 billion ($719 million), as 55 of the stocks advanced and 205 retreated.
Similarly, the Kingdom’s parallel market Nomu lost 58.44 points, or 0.26 percent, to close at 21,995.70. This comes as 29 of the stocks advanced while 30 retreated.
The MSCI Tadawul Index lost 10.49 points, or 0.75 percent, to close at 1,389.97.
The best-performing stock of the day was Raoom Trading Co., whose share price surged 9.95 percent to SR81.25.
Other top performers included Morabaha Marina Financing Co., whose share price rose 5.46 percent to SR7.92, as well as United Carton Industries Co., whose share price surged 5.42 percent to SR29.54.
Herfy Food Services Co. recorded the most significant drop, falling 4.22 percent to SR12.95.
Alwasail Industrial Co. also saw its stock price fall 4.18 percent to SR2.52.
Allied Cooperative Insurance Group also saw its stock price decline 3.89 percent to SR6.17.
On the announcements front, Arabian Plastic Industrial Co. has announced securing a working capital facility of SR20 million from the Saudi Industrial Development Fund to support business operations and the company’s growth. According to a Tadawul statement, the 24-month facility will support the company's working capital requirements.
