Riyadh – Mubasher: The Saudi parallel market index, Nomu, has plunged 799.05 points, or 20.9%, to 3,016.06 points, by the end of first six months of 2018, compared to the prior-year period.
On 1 May, the benchmark index of the Nomu-Parallel Market closed trading activities at 3,256.2 points, recording the highest closing point in H1-18.
Market capitalisation of issued stocks rose 2.98% to SAR 2.4 billion ($644.7 million), the Saudi Stock Exchange's (Tadawul) data showed.
Nomu's traded value tumbled 84.5% to SAR 231.6 million ($61.8 million) in the January-June period of 2018, while trading volume plunged 80.3% to 11.3 million stocks, from 57.2 million in the year-ago period.
Transactions levelled down 54.6% to 23,400 in H1-18, compared to 51,500 during the corresponding period a year earlier.
Trading days reached 24 during H1-18, down from 85 in H1-17.
