The Tadawul All-Share Index (TASI) plunged 1.39 percent to 6,355.72, the lowest level since March 22.All 15 industry indices declined. The Telecommunications & Information Technology index dropped 2.62 percent, Petrochemical Industries 1.58 percent and Banks and Financial Services 1.29 percent. Riyad Bank shares fell 2.20 percent to SR24.40, Banque Saudi Fransi 1.85 percent to SR42.50 and Al-Rajhi Bank 0.69 percent to SR72. Arab National Bank shares dropped 2.33 percent to SR29.30.Saudi Basic Industries Corp. (SABIC), the world's biggest petrochemicals maker, reached its lowest price in almost five weeks as its shares closed 1.92 percent down at SR102.25.Etihad Etisalat Co. shares dropped 3.20 percent to SR53 on Saturday. Saudi Telecom Co. (STC) shares fell 1.95 percent to SR35.20.The value to traded shares exceeded SR3 billion on Saturday.
