RIYADH: Saudi Arabia’s Tadawul All Share Index continued its upward trend on Wednesday, as it gained 16.72 points, or 0.14 percent, to close at 11,889.35
The total trading turnover of the benchmark index was SR7.89 billion ($2.10 billion) as 137 stocks advanced, while 76 retreated.
The parallel market Nomu performed negatively on Wednesday, dropping by 29.47 points, or 0.12 percent, to 23,992.54. However, the MSCI Index edged up by 1.01 points to 1,537.96.
The best-performing stock on the main index was Astra Industrial Group, whose share price soared 9.92 percent to SR130.8.
Other top performers of the day included SAL Saudi Logistics Services Co. and Etihad Atheeb Telecommunication Co., with their share prices surging by 8.04 percent and 6.33 percent to reach SR193.6 and SR171.4, respectively.
The worst performer of the day was CHUBB Arabia Cooperative Insurance Co. The share price of the company dipped by 5.47 percent to SR25.05.
Jazan Energy and Development Co. and Rabigh Refining and Petrochemical Co. were also amongst the worst performers, with their stocks dropping by 2.34 percent and 1.90 percent to close at SR15.04 and SR10.32, respectively.
In the parallel market, Nomu, Knowledge Net Co. was the top gainer, with its share price surging by 7.46 percent to SR36.
Other top gainers in the parallel market were Alwaha REIT Fund and Armah Sports Co., with their share prices surging by 6.66 percent and 5.83 percent to reach SR12.5 and SR50.8, respectively.
Edarat Communication and Information Technology Co. was the worst performer on Nomu, as the company’s share price slipped by 5.31 percent to SR353.2.
View United Real Estate Development Co. and Nofoth Food Products Co. were among other poor performers on Nomu, with their share prices dropping by 4 percent and 3.76 percent, reaching SR72 and SR22, respectively.
In Wednesday’s trading session, Saudi National Co. for Learning and Education, or NCLE, saw its shares climb by 4.49 percent.
This marked the stock’s highest closing value since its initial listing, with approximately 200,000 shares traded. The company’s shares peaked at SR125.60 during the day.
