* Ahmed Al-Rasheed from Riyadh
Saudi shares fell for a second session in a row to close at 8288 points, losing five points, with a slight decline. The leading sectors were the biggest compressor on the market, headed by "Al-Rajhi."
The market is still unable to return above the levels of 8300 points, and continue to give negative signals that may affect the morale of traders, which drives them to sell that is increasing the selling pressure on the market, especially in the presence of external factors such as the decline in oil prices.
However, the internal factors remain the most important results of companies for the second quarter, a key engine for the market for the current period, although some companies did not interact with the positive results.
Overall market performance
The general index opened at 8294 points, trading between high and low.
The highest point was at 8313 points, 0.23 per cent, while the lowest point was at 8284 points, losing 0.12 per cent.
At the end of the session, the general index closed at 8288 points, losing five points, with a slight decline.
Trading values rose 6 percent by about 211 thousand riyals to reach 3.6 billion SR, a 39,000 riyals per transactions.
Traded shares fell 5% by about 6.8 million traded shares to reach 125 million, with a turnover rate of 0.24%.
The deals fell 3 per cent by about 3,000 to reach 92,000 deals.
Sector performance
Eight sectors rose against the rest.
The rise was led "Food production" by 0.8 per cent, followed by "long-term goods" by 0.6 per cent, and "capital goods" by 0.46 per cent.
The decline was led by "food fragmentation" by 2.2 percent, followed by "public utilities" by 2.2 percent, and "medicines" by 1.7 percent.
The highest turnovers were "basic materials" of 40 per cent, followed by "banks" by 35 per cent at a value of 1.3 billion riyals, and "Insurance" by 5 per cent, amounting to 171 million riyals.
Stock performance
The rise was led by "Al Watania" by 7.2 per cent to close at SAR 27.70, followed by "Al-Alamiya" by 4.8 per cent to close at SAR 30.40, and 3 per cent by "Al-Ahli Reit 1" by 3 percent to SAR 8.39.
The decline was led by "eXtra" 4.2 per cent to close at SAR 54.50, followed by "Jouf Cement" by 4 per cent to close at SAR 9.32, and "Aslak" 3.9 per cent to close at SAR 16.60.
"SABIC" had the highest turnover of SR 1 billion of 28 per cent, followed by "Alinma" with a value of SR960 million of 26 per cent, and then "Al-Rajhi" with 5 per cent of SAR 168 million.
* Economic Reports Unit
