Saudi Arabia: Saudi Arabia’s benchmark Tadawul All Share Index (TASI) fell 0.9 percent, or 77 points, to close at 8,613 points on Sunday, the first trading day of 2021.

The bourse finished 3.6 percent higher, or 301 points, in 2020, compared to 2019.

Total turnover reached SR7.7 billion ($2.05 billion). Advance-decline ratio stood at 20-172.

Banking major Al Rajhi fell 1.2 percent to SR72.70 ($19.39), while blue chip SABIC shed 0.8 percent to SR100.60 ($26.83).

Oil giant Saudi Aramco closed 0.4 percent lower at SR34.85 ($9.29).

Saudi Re declined 1.6 percent to SR14.88 ($3.97). The company signed a medical quota share reinsurance contract with Mediterranean and Gulf Insurance and Reinsurance Co. (MEDGULF) at a value of SR130 million ($34.67 million).

Care dropped 3.9 percent to SR51.30 ($13.68). The company obtained, on Dec. 31, 2020, regulatory approval to extend its medical services contract for work-related injuries with the GOSI for a period of 90 days in its Riyadh hospitals.

Alinma Tokio Marine was the top decliner, falling 4.9 percent to SR23.18 ($6.18).

On the other hand, Alhokair Group was the top gainer, rising 9.9 percent to SR23.28 ($6.21).