Closing bell: TASI, Nomu dip as banking selloff weighs in

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RIYADH: Saudi Arabia’s Tadawul All Share Index retreated on Monday, dropping 60.30 factors or 0.35 % to 10,905.48.

On Monday, parallel market Nomu additionally dropped by 24.84 factors or 0.12 % to twenty,039.15, even because the MSCI Tadawul 30 Index dipped by 0.50 % to 1,481.70.

The whole buying and selling turnover of the benchmark index was SR5.27 billion ($1.40 billion).

The banking sector took a large hit because the heavyweight Al-Rajhi Financial institution shed 2 % to shut at SR75.50.

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