Saudi Stock Market Closes at Ten-Session Low
Saudi Stock Exchange
Riyadh - QNA
The Index (TASI) lost 0.74 percent or 52.26 points, and closed at the level of 7,046.38 points, its lowest level in 10 sessions.
The Saudi Stock Exchange (Tadawul) ended Sunday’s trading in the red zone for the fifth consecutive session. Traded values decreased by 18.33 percent to SR 3.37 billion from SR 4.14 billion on Thursday, reaching its lowest figure since mid-January. Volumes also went down by 18.83 percent to 170.75 million shares compared to 210.36 million shares on last session, its lowest level since 19 October.
In terms of sectors performance, all closed in red except for retail which gained 0.06 percent, while media and publishing saw the biggest losses and dropped 3.3 percent, followed by commercial and professional services with 2.56 percent, energy 2.54 percent, banks, 0.9 percent, and telecom with 0.71 percent.
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Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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