https://arab.news/rzr5j
RIYADH: Saudi Arabia’s Tadawul All Share Index closed at 12,226.10 points on Monday, losing 45.67 points, or 0.37 percent.
The parallel market Nomu also shed 167.72 points, or 0.65 percent, to conclude at 25,442.94.
The MSCI Tadawul 30 Index also fell 4.15 points to finish at 1,528.05.
The main index posted a trading value of SR8.7 billion ($2.33 billion), with 81 stocks advancing and 149 declining. Nomu reported a trade volume of SR52.4 million.
Despite TASI’s slowdown, Al-Baha Investment and Development Co. saw a growth in its stock as its share price surged 10 percent to SR0.22. CHUBB Arabia Cooperative Insurance Co. followed next with its share price jumping 5.39 percent to close at SR42.05.
Tourism Enterprise Co. was also among the top performers, climbing 5.21 percent to SR1.01. Salama Cooperative Insurance Co. and Saudi Arabian Mining Co. increased 4.26 and 3.83 percent to SR28.15 and SR48.80, respectively.
Conversely, Bupa Arabia for Cooperative Insurance Co. recorded the most significant dip, declining 5.82 percent to SR207.20.
Saudi Fisheries Co. and Savola Group also experienced setbacks, with their shares dropping to SR29.15 and SR27, reflecting declines of 4.43 and 3.74 percent, respectively. Maharah Human Resources Co. and Saudi Kingdom Holding Co. also reported losses.
Nomu’s top performer was Natural Gas Distribution Co., which saw a 9.71 percent jump to SR48.
Edarat Communication and Information Technology Co. and Nofoth Food Products Co. also recorded notable gains, with their shares closing at SR515 and SR18.54, marking an increase of 7.29 and 5.94 percent, respectively. Future Care Trading Co. and Banan Real Estate Co. also fared well.
On Nomu, Alqemam for Computer Systems Co. was the worst performer, declining by 9.52 percent to SR95. Other underperformers included Meyar Co. and National Building and Marketing Co., whose share prices dropped 7.46 percent and 5.83 percent to SR62 and SR210, respectively.
Taqat Mineral Trading Co. and MOBI Industry Co. declined during the day to settle at SR11.20 and SR11.28, respectively.