Saudi electronics retailer eXtra gets CMA approval for 33% capital hike 

RIYADH: The Saudi stock market ended Monday’s session lower, sparked by a decline in shares of a number of major players in the market. 

The Tadawul All-Share Index lost 0.77 percent to finish at 12,099, while the parallel Nomu declined 1.69 percent at 21,274.

Saudi Tadawul Group Holding Co., owner of the Kingdom’s bourse, led the fallers with a 5.43 percent decline.

Saudi oil giant Aramco shed 0.4 percent, while Rabigh Refining and Petrochemical Co. lost 2.10 percent.

The Saudi National Bank, the country’s biggest lender, saw its share price decline by 1.90 percent

Al Rajhi, the Kingdom’s largest valued bank, slipped 0.79 percent, while the Saudi British Bank fell 0.76 percent.

Riyadh Cement Co. lost 1.39 percent, after reporting a decline of 47 percent in profit to SR85 million ($23 million) in the first half of the year.

Group Five Pipe Saudi Co. slid 7.09 percent, after turning into losses of SR19 million in the first half of 2022.

Saudi Automotive Services Co. shed 0.74 percent, following its board’s decision to pay cash dividends of SR0.50 per share in the first half of 2022.