https://arab.news/nd9yn
- Nomu parallel market ended at 25,946.20, marking a decrease of 98.75 points, or 0.38%
- MSCI Tadawul also dropped by 5.55 points, or 0.37%, ending at 1,511.82
RIYADH: Saudi Arabia’s Tadawul All Share Index closed Wednesday’s trading at 12,128.14 points, recording a drop of 52.23 points, or 0.43 percent.
The Nomu parallel market ended at 25,946.20, marking a decrease of 98.75 points, or 0.38 percent.
The MSCI Tadawul also dropped by 5.55 points, or 0.37 percent, ending Wednesday’s session at 1,511.82.
By the end of trading, TASI recorded a trade value of SR7.4 billion ($1.9 billion), with 46 stocks advancing and 180 declining. In contrast, Nomu had a trading volume of SR32.8 million.
Saudi Fisheries Co. stood out as the leading performer, registering a surge of 9.92 percent and closing at SR24.38. This comes on the heels of the company’s latest appointment of a new chairman and vice chairman of the board.
Al-Baha Investment and Development Co. ended on a positive note with a growth of 7.69 percent, settling at SR0.14.
Another notable performer, Saudi Steel Pipe Co. observed a 5.92 percent rise, concluding its trading at SR76.90. The National Co. for Glass Industries and Wataniya Insurance Co. also performed well, both rising by 4.33 percent to end at SR51.80 and SR32.50, respectively.
Alistithmar AREIC Diversified REIT Fund experienced the most significant drop, plunging 5 percent to SR9.50.
Shares of AlAhli REIT Fund 1 and Knowledge Economic City followed suit, declining to SR7.85 and SR15.38, translating to a dip of 3.33 percent and 3.27 percent, respectively.
Americana Restaurants International PLC and Amlak International Finance Co. also reported downturns.
In Nomu, Al Ashghal Al Moysra Co. was the top performer, reaching SR57, an increase of 8.16 percent.
Leaf Global Environmental Services Co., Mohammed Hasan AlNaqool Sons Co., and Alhasoob Co. were also among the top gainers clinching 7.69, 6.19, and 4.63 percent changes to close at SR70, SR36.90, and SR52, respectively.
Advance International Co. for Communication and Information Technology also closed the day in green with SR5, an increase of 4.17 percent.
Natural Gas Distribution Co. was the worst performer on Nomu, closing at SR43.70, a 10.45 percent drop.
Al Rashid Industrial Co. and Naba Alsaha Medical Services Co. followed dropping by 6.14 and 4.95 percent to close at SR38.95 and SR90.30, respectively.
MOBI Industry Co. and Sure Global Tech Co. were also among Nomu’s worst performers.