https://arab.news/nqwku
RIYADH: Saudi Arabia’s Tadawul All Share Index started the week with a 0.28 percent increase, or 33.28 points, to reach 11,892.75 points on Sunday.
The total trading turnover of the benchmark index was SR3.5 billion ($942.7 million), as 140 of the listed stocks advanced, while 86 retreated.
The MSCI Tadawul Index increased by 4.26 points, or 0.29 percent, to close at 1,494.56.
The Kingdom’s parallel market Nomu also increased, gaining 166.10 points, or 0.54 percent, to close at 31,052.81 points. This comes as 42 of the listed stocks advanced while as many as 34 retreated.
The index’s top performer, Buruj Cooperative Insurance Co., saw a 9.96 percent increase in its share price to close at SR20.10.
Other top performers included Arriyadh Development Co., which saw a 9.34 percent increase to SR34.55, while Wataniya Insurance Co.’s share price rose 8 percent to SR23.22.
The Mediterranean and Gulf Insurance and Reinsurance Co. also recorded a positive trajectory, with share prices rising 7.66 percent to reach SR26.70. Retal Urban Development Co. also witnessed positive gains, with 6.16 percent reaching SR16.20.
Al-Baha Investment and Development Co. saw the steepest decline on TASI, with its share price slipping 4 percent to SR0.48.
Saudi Cable Co. followed with a 2.94 percent decline to SR99.20. Almarai Co. also saw a drop of 2.46 percent to settle at SR55.50.
Saudi Industrial Development Co.’s share also fell by 2.41 percent to settle at SR28.40, and Anaam International Holding Group’s decreased by 2.31 percent to sit at SR1.27.
In Nomu, Miral Dental Clinics Co. was the best performer, with its share price rising by 7.47 percent to reach SR112.20.
Among the gainers, United Mining Industries Co. saw its share price rise by 6.08 percent, reaching SR41.90, while Aqaseem Factory for Chemicals and Plastics Co. recorded a 5.65 percent increase, standing at SR8.41.
Meyar Co. also fared well, with a 5.58 percent increase, and Arabian Plastic Industrial Co. rose by 4.65 percent.
Alhasoob Co. shed the most in Nomu, with its share price dropping by 8.68 percent to reach SR61.
Arabian Food and Dairy Factories Co. experienced a 7.71 percent decline in share prices, closing at SR85, while Bena Steel Industries Co. dropped 7.61 percent to settle at SR38.25.
Lana Medical Co. and Arabian United Float Glass Co. were also among the top decliners, with Lana Medical Co. falling 4.07 and Arabian United Float Glass Co. declining 3.80 percent.