Saudi stocks fell in the worst session in a month to lose about 35 billion riyals from their market value to reach 1.89 trillion riyals.
This happened after falling 104 points, 1.29 percent, and closing at 8,012 points, which maintain the market at levels of 8000 points and offset 22 percent of losses during the session with high liquidity.
Indicators show that the market can turn positive in today's session, unless there are new data affecting the market, either by a new decision regarding the nuclear agreement with Iran and its reflection on oil prices, or the results of companies unexpectedly.
The levels remain 7980 support points for the market while the resistance was at 8090 points.
Overall market performance
The general index opened at 8117 points, and headed towards the lowest point at 7983 points, losing 1.65%. At the end of the session, the general index closed at 8,012 points, losing 104 points, 1.29%.
Liquidity rose 22 percent to reach SR 4.3 billion from SR 801 million and the average transaction value was 35,000 riyals.
Traded shares increased 20% by about 32 million traded shares to reach 191 million shares traded, and the turnover rate was 0.37%.
Transactions rose 29 percent by about 27,000, to reach 122,000 transactions.
All sectors except "Fragmentation of luxury goods" fell by 0.05%.
The decline was led by "Media" of 7.8 percent, followed by "Energy" of 5.3 percent and "Food Retail" of 2.9 percent.
The highest turnovers were "Basic Materials" of 34% with a value of 1.5 billions, followed by "Banks" of 21% with a value of SR 915 million and "Real Estate Management & Development" of 12%.
Three shares dropped and were led by "enaya" of 9.97 percent to close at SAR 12.28, followed by "Zain KSA" of 9.95 percent to close at SAR 7.24 and "Petro Rabigh" of 9.87 percent to close at SAR 25.75.
On the other hand, the rise was led by "AICC" that rose 3 percent to close at 18.47 riyals, followed by "Alujain" of 2.9 percent to close at 30.27 riyals, and "Budget Saudi Arabia" of 2.5 percent to close at 34.83 riyals.
"SABIC" had the highest turnover of SR 561 million (13 percent), followed by "Alinma" of SAR 554 million (13 per cent), then "Dar Al Arkan" of SAR 422 million (10 per cent).
* Economic Reports Unit