Saudi index slips 0.6% below 9,200 pts, trading value stands at SAR 9.3 bln

Saudi Arabia’s Tadawul All Share index turned red on Wednesday, inching down 0.6 percent, or 58 points, to 9,169.

Trading value fell to SAR 9.3 billion.

Heavyweight Al-Rajhi Bank slid 2 percent to SAR 59.15. Mobily, the kingdom’s second-largest telecom operator, dropped nearly 1 percent.

SABB, Emaar EC, Maaden, Albilad, Almarai, Jarir, Yansab and Petrochem closed lower, falling between 1 and 4 percent. Al Alamiya continued a four-session losing streak, plummeting its daily limit.

On the reverse, Tawuniya and Saudi Industrial Export led gainers, hiking over 6 percent. AlHokair rose 2 percent to end at SAR 111.33.