Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Thursday's trading session on mixed performance after its benchmark Tadawul All Share Index (TASI) jumped 40.10 points, or 0.49%, to 8,206.40 points, while the NOMU parallel market index finished the last session of the week down.
TASI’s trading volume stood at 76.08 million shares on Thursday, down from 80.32 million shares on Wednesday, whereas traded value rose to SAR 2.01 billion, from SAR 1.87 billion.
The telecommunication services sector added 1.9%, followed by the food and staples retailing sector with 0.8%. The consumer services, banking, and materials sectors gained 0.78%, 0.7%, and 0.3%, respectively.
Amana Cooperative Insurance Company’s stock led the bourse’s gainers after growing 9.9%, whereas Middle East Paper Co’s (MEPCO) stock was the worst performer with 2.5%.
Dar Al-Arkan Real-Estate Development Company’s stock acquired trading volume activities after 13.42 million shares were exchanged, while the Saudi Basic Industries Corporation’s (SABIC) stock dominated liquidity with SAR 305.23 million.
On a separate note, the US-based MSCI announced late on Wednesday upgrading Tadawul to an emerging market (EM) status, from standalone market in its annual review.
In the meantime, NOMU, the main index of the Nomu-Parallel Market, tumbled 24.15 points, or 0.78%, to finish at 3,086.82 points.
Nomu’s traded volume grew to 19,610 shares on Thursday, from 17,160 shares on Wednesday, while its turnover increased to SAR 404,040, from SAR 352,510.
Arab Sea Information System and Thob Al-Aseel Company stocks’ fell 2.8% and 1.3%, respectively, whereas the stock of Abo Moati for Bookstores inched up 0.5%.
Thob Al-Aseel Company’s stock posted the highest liquidity with SAR 197,640, while Arab Sea Information System was the most active in terms of trading volume after 10,500 shares were exchanged.
