https://arab.news/4cvsp
RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Tuesday, losing 21.70 points, or 0.19 percent, to close at 11,442.5.
The total trading turnover of the benchmark index was SR5.38 billion ($1.43 billion) as 71 of the listed stocks advanced, while 144 retreated.
The Kingdom’s parallel market Nomu also shed 69.98 points, or 0.30 percent, to close at 23,596.10. This comes as 23 of the listed stocks advanced, while 27 retreated.
Similarly, the MSCI Tadawul Index also dropped 0.30 points, or 0.02 percent, to close at 1,480.30.
The best-performing stock of the day was Saudi Airlines Catering Co. as its share price surged 4.28 percent to SR112.20.
Other top performers included Aldawaa Medical Services Co. as well as National Co. for Learning and Education, whose share prices soared by 4.19 percent and 4.14 percent, to close at SR96.90 and SR110.80, respectively.
In addition to this, Dur Hospitality Co. and Saudi Paper Manufacturing Co. also performed well.
The worst performer was Alkhorayef Water and Power Technologies Co., whose share price dropped by 4.21 percent to SR145.60.
Following closely, Tanmiah Food Co. and Elm Co. also saw their share prices decline by 3.74 percent and 3.47 percent, reaching SR103.00 and SR802.20, respectively.
Furthermore, the National Co. for Glass Industries and First Milling Co. were among the other companies with poor performance.
In Nomu, Dar Almarkabah for Renting Cars Co. was the top gainer with its share price rising by 30 percent to SR52.
Other best performers in Nomu were MOBI Industry Co. as well as Saudi Parts Center Co., whose share prices soared by 12.97 percent and 9.32 percent to stand at SR8.10 and SR79.80, respectively.
Other top gainers included International Human Resources Co. and Mayar Holding Co.
Foods Gate Trading Co. was the major loser on Nomu, as the company’s share price dropped by 5 percent to SR66.50.
The share prices of Future Care Trading Co. as well as Alhasoob Co. also fell by 4.49 percent and 3.85 percent to close at SR18.72 and SR100.00, respectively.
Other major losers included Shatirah House Restaurant Co. and Arabian Plastic Industrial Co.
On the announcements front, the National Agricultural Development Co. said it has launched National Seeds Production Co. for the production and breeding of potato seeds in Saudi Arabia with a specified capital of SR5 million.