https://arab.news/8j3k8
RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Monday, losing 21.93 points, or 0.18 percent, to close at 12,167.47.
The total trading turnover of the benchmark index was SR8.79 billion ($2.34 billion), as 116 of the listed stocks advanced, while 99 retreated.
The MSCI Tadawul Index decreased by 4.99 points, or 0.33 percent, to close at 1,516.22.
The Kingdom’s parallel market Nomu slipped, losing 72.51 points, or 0.28 percent, to close at 26,198.10. This comes as 20 of the listed stocks advanced, while 43 retreated.
The best-performing stock of the day was Saudi Cable Co., with its share price surging by 9.87 percent to SR75.70.
Other top performers included Saudi Automotive Services Co. and Nama Chemicals Co., with share prices rising by 7.16 percent to SR83.80 and 6.39 percent to SR29.15.
Electrical Industries Co. and Saudi Marketing Co. also recorded positive trajectories today, with share prices rising by 5.84 percent to SR6.89 and 5.53 percent to SR25.20.
The worst performer of the day was Jabal Omar Development Co., with its share price falling by 3.98 percent to SR25.35.
Qassim Cement Co. and Baazeem Trading Co. also saw declines, with their shares dropping by 3.12 percent and 2.76 percent to SR52.70 and SR6.69, respectively.
Other worst performers included The Mediterranean and Gulf Insurance and Reinsurance Co. and Saudi Reinsurance Co., with share prices dropping by 2.58 percent to SR26.45 and 2.56 percent to SR38.
Nomu’s top performers were Al Rashid Industrial Co., Natural Gas Distribution Co., and Leaf Global Environmental Services Co., with share price increases of 11.11 percent, 8.37 percent, and 7.87 percent, bringing their values to SR42.50, SR49.85, and SR68.50, respectively.
Other top gainers included Molan Steel Co. and WSM for Information Technology Co.
The parallel market’s worst performers were:
- Alqemam for Computer Systems Co., with its share price dropping by 9.09 percent to reach SR98.
- Marble Design Co., with its share price dipping by 8.18 percent reaching SR83.10.
- Mohammed Hadi Al Rasheed and Partners Co., with its share price decreasing by 7.61 percent to settle at SR69.20.