RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Thursday, gaining 63.46 points, or 0.55 percent, to close at 11,658.66.
The total trading turnover of the benchmark index was SR4.94 billion ($1.31 billion) as 122 of the listed stocks advanced, while 100 retreated.
The Kingdom’s parallel market Nomu surged 164.81 points, or 0.64 percent, to close at 25,909.95. This comes as 33 of the listed stocks advanced, while as many as 34 retreated.
Similarly, the MSCI Tadawul Index also gained 5.92 points, or 0.41 percent, to close at 1,454.65.
The best-performing stock of the day was Al-Rajhi Co. for Cooperative Insurance, whose share price surged 8.85 percent to SR209.
Other top performers include Al-Jouf Agricultural Development Co. as well as Saudi Arabian Cooperative Insurance Co., whose share prices soared by 6.18 percent and 5.93 percent, to stand at SR72.20 and SR16.08, respectively.
In addition to this, other top performers included The Co. for Cooperative Insurance and Middle East Specialized Cables Co.
The worst performer was Al-Baha Investment and Development Co., whose share price dropped by 7.69 percent to SR0.12.
Other companies to see falls were Miahona Co. as well as Saudi Manpower Solutions Co., whose share prices dropped by 4.16 percent and 2.62 percent to stand at SR27.65 and SR8.91, respectively.
Takween Advanced Industries Co. and Ataa Educational Co. also saw share price falls.
In Nomu, Arabian Plastic Industrial Co. was the top gainer with its share price rising by 11.20 percent to SR39.70.
Other best performers in Nomu were Group Five Pipe Saudi Co. as well as Armah Sports Co., whose share prices soared by 9.71 percent and 7.91 percent to stand at SR54.80 and SR60, respectively.
Other top gainers also include Lana Medical Co. and Clean Life Co.
Arabian Food and Dairy Factories Co. was the major loser on Nomu, as the company’s share price dropped by 5.29 percent to SR80.50.
The share prices of Horizon Educational Co. as well as Pan Gulf Marketing Co. also fell by 4.79 percent and 4.68 percent to stand at SR55.70 and SR29.55, respectively.
Other major fallers include Osool and Bakheet Investment Co. and Mohammed Hasan AlNaqool Sons Co.
