JEDDAH: Saudi Arabia’s benchmark Tadawul All-Share Index continued its downward fall, marking another decline of 68.84 points or 0.74 percent to finish Monday’s trading at 9,275.27.

Large cap (-0.95 percent) suffered worst of market cap indices, the GulfBase said in its market commentary.

Only Transport, Multi-Investment and Insurance witnessed a positive change among sectoral indices, advancing 0.94 percent, 0.79 percent and 0.66 percent respectively.

Remaining 12 sectors lost an aggregate of nine hundred points. Agriculture, Real Estate and Energy sectors showed the worst performance, declining over one percent for the day.

Most of heavyweights slipped from previous day’s level, with Al-Rajhi Bank dipping by 2.73 percent, Almarai Company 2.25 percent and Saudi Electricity Company 1.6 percent.

However, Samba Financial Group and Kingdom holding finished to the upside, advancing 1.34 percent and 0.5 percent respectively.

Market breadth with advance-decline ratio of 0.4:1 remained extremely weak.

Halwani Brothers Co. outdid rest of the Saudi stocks, soaring up 4.34 percent to reach at SR93.65.

Saudi Automotive Services Company climbed to a fresh five-year high of SR34.9, up 2.64 percent to finish at SR34.48.

National Gypsum Company, on the other hand, recorded the biggest losses, going down by 8.06 percent. The company volume was 4.8 times high over its 50-day average.

Market activity was 8-to-11 percent high when compared with previous level. More than 163 million shares worth SR4.99 billion changed hands on the Saudi stock market.

The 50-day average for trading turnover is closer to 261 million shares worth SR7.6 billion.

Most of the trading was concentrated in Banks & Financial Services sector, which liquidated 34.6 million shares, capturing 21.1 percent market volume.

The value of these shares reached over one billion Riyals, approximately one-fifth relative market share.