https://arab.news/2jhdz
- MSCI Tadawul Index increased by 3.38 points, or 0.23%, to close at 1,481.99
- Parallel market Nomu surged by 169.77 points, or 0.67%, to close at 25,534.89
RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Wednesday, gaining 52.81 points, or 0.45 percent to close at 11,849.65.
The total trading turnover of the benchmark index was SR6.93 billion ($1.85 billion) as 186 of the listed stocks advanced, while 39 retreated.
Similarly, the MSCI Tadawul Index increased by 3.38 points, or 0.23 percent, to close at 1,481.99.
The Kingdom’s parallel market Nomu surged by 169.77 points, or 0.67 percent, to close at 25,534.89. This comes as 33 of the listed stocks advanced, while as many as 36 retreated.
The best-performing stock of the day was Kingdom Holding Co., with its share price surging 10 percent to SR8.47.
Other top performers included Middle East Healthcare Co., whose share price rose 9.97 percent to SR70.60, and CHUBB Arabia Cooperative Insurance Co., which saw its share price increase 9.93 percent to SR32.65.
In addition to this, other top gainers included Saudi Automotive Services Co. and Al-Baha Investment and Development Co., whose share prices increased by 9.84 percent and 8.33 percent, to stand at SR63.6 and SR0.13, respectively.
The worst performer of the day was AL Maather REIT Fund, with its share price dropping 3.51 percent to SR8.79.
Other underperformers included National Shipping Co. of Saudi Arabia, whose share price fell 1.51 percent to SR29.30, and Rabigh Refining and Petrochemical Co., which saw a 1.50 percent decline to SR7.88.
City Cement Co. and Saudi Basic Industries Corp. also experienced declines, with their share prices decreasing 1.23 percent to SR17.60 and 1.06 percent to SR64.50, respectively.
On the parallel market, the top performers were Fad International Co. and United Mining Industries Co., with their share prices rising 25 percent to SR92.50 and 8.52 percent to SR82, respectively.
The worst performers on Nomu were Mulkia Investment Co. and Mayar Holding Co., whose share prices fell 8.33 percent to SR33 and 7.14 percent to SR4.03, respectively.