Closing Bell – Saudi Arabia’s main index marginally slips to close at 11,061 

Closing Bell – Saudi Arabia’s main index marginally slips to close at 11,061 
Some 96 stocks gained and 109 dropped. (Shutterstock)    
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Updated 20 September 2023
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Closing Bell – Saudi Arabia’s main index marginally slips to close at 11,061 

Closing Bell – Saudi Arabia’s main index marginally slips to close at 11,061 

RIYADH: Saudi Arabia’s Tadawul All Share Index concluded Wednesday’s trading session at 11,061.50, declining 9.27 points – or 0.08 percent.   

The parallel market Nomu closed the day at 22,393.08 points, reflecting a drop of 16.31 points, or 0.07 percent. MSCI Tadawul 30 Index also slightly edged down 3.66 points to settle at 1,422.79, a 0.26 percent dip.   

TASI reported a trading volume of SR5.23 billion ($1.39 billion), with 96 stocks gaining and 109 losing steam.    

The best-performing stock of the day was Knowledge Economic City, whose share price surged 9.54 percent to SR15.16.    

The second top performer was Etihad Atheeb Telecommunication Co., as its share price soared 4.38 percent to SR133.60.     

Other top gainers included Saudi Enaya Cooperative Insurance Co. and Dallah Healthcare Co., whose share prices increased 4.37 percent and 4.16 percent to SR12.9 and SR140.2, respectively. 

The worst performer was Dar Al Arkan Real Estate Development Co., which saw its share price drop 4.01 percent to SR15.78.     

The second loser of the day was Bupa Arabia for Cooperative Insurance Co., whoe share price decreased 3.63 percent to reach SR196.6. 

Other fallers included Filing and Packing Materials Manufacturing Co. and United International Transportation Co., whose share prices shed 3.31 percent and 2.88 percent, respectively. 

Molan Steel Co. was the top gainer on Nomu, with its share price increasing 18.98 percent to SR6.08. 

Arabian Plastic Industrial Co. was the poorest performer on the parallel market, as the company’s share price slipped 9.84 percent to SR39.40.    

On the announcement front, Dallah Healthcare Co. is set to acquire up to 3.8 million shares, representing 3.91 percent of the company’s ordinary shares and keeping the shares as treasury stocks.