TASI falls nearly 2%; SABIC down 3%

Saudi equities fell for the third consecutive day on Sunday with the benchmark Tadawul All Share Index (TASI) falling 1.9%, or 153 points, to 7,900 points at 2pm Riyadh time.

Trading value stood over SAR 2.8 billion, with advance-decline ratio at 19:169.

Blue chip SABIC declined 3.4% to SAR 83.40, while banking heavyweight Al Rajhi shed 1.7% to SAR 64.90.

Oil giant Saudi Aramco fell 1.6% to SAR 32.90.

Umm Al-Qura was the top decliner, sliding 6.9% to SAR 26.95.

On the other hand, Sharqiyah Development was the top gainer, rising 9.2% to SAR 80.60.

Write to Parag Deulgaonkar at parag.d@argaam.com