TASI, MT30 decline; Nomu surges 146 pts at Thursday’s close

Riyadh -  Mubasher: The Saudi Stock Exchange (Tadawul) finished Thursday in the red after its benchmark Tadawul All Share Index (TASI) slid 20.49 points, or 0.24%, to 8,612.84 points.

TASI’s turnover fell to SAR 2.9 billion from SAR 3.34 billion, while trading volume reached 101.43 million shares, down from 125.9 million in the session before.

The pharmaceuticals sector lost 2.1%, followed by the energy sector with 1.6%.

The food and beverages, telecommunication services and banking sectors declined 1.58%, 0.5% and 0.14%, respectively.

On the other hand, the diversfied financials, media, and materials sectors rose 1.2%, 0.2%, and 0.06%, respectively.

Allied Cooperative Insurance Group’s (ACIG) stock led losers with 3.8%, while the stock of Saudi Steel Pipe Company (SSP) was the best performer with 4.6%.

Al Rajhi Bank’s stock led TASI in terms of liquidity with SAR 510.61 million, while Alinma Bank’s stock topped generated the highest trading volum with 7.35 million exchanged shares.

In the meantime, the main index of the Nomu-Parallel Market, NOMU, grew 4.6%, or 146.21 points, to end at 3,347.68 points, logging its highest level since September 2017.

Nomu’s traded value rose to SAR 3.32 million, from SAR 1.28 million on Wednesday, while trading volume hit 187,830 shares, up from 68,630 in the session before.

National Building and Marketing Co’s stock led risers with 20%, while Al Omran Industrial and Trading Company’s stock, which slumped 17.5%, topped Nomu in terms of volume and value after 103,260 shares were exchanged, generating a turnover of SAR 1.72 million.

The joint index between Tadawul and MSCI, MT30 index, levelled down 2.14 points, or 0.17%, to 1,273.16 points.

Mubasher Contribution Time: 07-Feb-2019 14:07 (GMT)
Mubasher Last Update Time: 07-Feb-2019 14:17 (GMT)