The Tadawul All-Share Index (TASI) continued stepping downward on its last trading day of the week, spending a couple of hours in the south prior to close the session in the red at 6661.26 points, down 75.56 points or 1.12 percent further.
Tadawul index shaved its year-to-date gains to 3.79 percent.
All market cap indices traded in the red zone.
All sector indices at Saudi stock market closed in red, paring an aggregate of 920.6 points.
Insurance, Real Estate and Multi-Investment sectors were major decliners, shedding over 3 percent for the day.
Energy & Utilities sector suffered least losses comparatively, down 0.44 percent to close at 4,690.29 points.
Overall performance of heavyweight stocks remained negative as all ended in the red territory, with SABB dipped by 2.66 percent, Saudi Telecom 1.5 percent and SABIC (Saudi Basic Industries Corp.) 1.1 percent.
Only Saudi Arabia Fertilizers Co. (SAFCO) closed in green, showing a 0.43 percent daily growth to SR 172.25.
Market breadth was largely negative, as only 9 Saudi companies were able to manage a gain for the day.
The National Co. for Glass Industries and Saudi Printing & Packaging were significant gainers among all Saudi stocks, rising by 1.76 percent and 1.52 percent respectively.
On the other hand, Qassim Agriculture and Knowledge Economic City were worst performing stocks, down 10 percent for the day.
Trading activity was led by Dar Alarkan Real Estate, which appeared to be the most active stock at Tadawul.
Its more than 40.9 million shares were traded yesterday, showing 13.6 percent relative market share.
Tadawul index descends further
