Complex Made Simple

Saudi Stock Exchange declines slightly

Losses in the investment and construction sector weighed on the Tadawul bourse (down 0.07% at 6,112.41). Al Alamiya for Cooperative Insurance Company was the top gained (limit up 10% at SR38.50). Bank Aljazira dipped 0.30% to SR16.70. According to Dubai's DIFC Economic Weekly, foreign assets in Saudi Arabia fell to SR1984.9bn (Jul: SR1990.9bn) - resulting from a fall in SAMA's deposits with banks abroad to SR357.2bn (SR375.1bn) while investments in foreign securities rose to SR1356.6bn (SR1346.1bn).