RIYADH: Saudi Arabia’s Tadawul All Share Index maintained its position at 10,575.34 on Monday, with a minimal drop of 0.20 percent or 20.68 points.
The total trading turnover of the benchmark index was SR4.98 billion ($1.30 billion) as 129 of the listed stocks advanced, while 90 declined.
On the other hand, Saudi Arabia’s parallel market Nomu gained 91.59 points to close at 22,423.39.
The MSCI Tadawul Index, however, slipped 0.51 percent to close at 1,356.57.
The best-performing stock on the main index was Filing and Packing Materials Manufacturing Co. The company’s share price soared by 10 percent to SR52.80.
Other top performers were Thimar Development Holding Co. and Al-Baha Investment and Development Co. whose share prices surged by 9.99 percent and 7.69 percent respectively.
The worst performer of the day was Saudi Reinsurance Co. as its share price dipped by 3.79 percent to SR17.78.
In the parallel market, Watani Iron Steel Co. led the gainers with its share prices edging up 15.85 percent to SR3.29.
Other top-performing stocks on Nomu were Shatirah House Restaurant Co. and Paper Home Co. whose share prices went up by 6.33 percent and 4.77 percent respectively.
The worst performer on the parallel market was Sure Global Tech Co. The firm’s share price edged down by 9.82 percent to SR66.10.
On the announcements front, ADES International Holding Co. revealed that it will start trading on Saudi Arabia’s main market from Oct.11.
Meanwhile, shareholders of Thimar Development Holding Co. have approved the board’s recommendation to increase the company’s capital by issuing rights shares worth SR150 million.
