Tadawul edges down on first day of trading

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RIYADH: The Tadawul All Share Index on Sunday ended the first trading of the week down by 42.51 points, or 0.37 percent, to close at 11,453.25 points.
The Saudi Telecom Co. shares were down 3.3 percent. Sipchem shares fell by more than 4 percent, while SABIC shares fell by 1.3 percent, to close at SR125.8. 
Traded liquidity amounted to SR8.4 billion, a quarter of which consisted of Solutions shares at SR2.18 billion.
82.6 million shares were traded in 379.3 thousand deals.

Corporate news:

  • Derayah Financial announces Q3 2021 cash distribution for unit holders of Derayah REIT.
  • Saudi Industrial Services Co. provides additional disclosure on the impact of the sale of a minority stake stake in Red Sea Gateway Terminal Ltd. 
  • Announcement by Albilad Capital regarding the distributions of fund’s dividends to the unitholders of Albilad Saudi Sovereign Sukuk ETF.
  • Alkhorayef Water and Power Technologies Co. announces contract award with Zakat, Tax and Customs Authority.