TASI, Nomu end Monday in decline, MT30 inches up

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Monday in the red after its benchmark Tadawul All Share Index (TASI) tumbled 6.07% or 0.07%, to 8,520.64 points.

TASI’s trading value rose to SAR 2.56 billion, from SAR 2.39 billion on Sunday, while the traded volume fell to 108.3 million shares, compared to 109.55 million in the previous session.

The energy sector led losers with 1.2%, followed by the real estate management and development sector with 1.1%.

The food and staples retailing, telecommunication services and banking sectors shed 0.97%, 0.14%, and 0.06%, respectively.

On the other hand, the food and beverages sector gained 0.88%, while the capital goods sector inched up 0.3%.

Solidarity Saudi Takaful’s stock led TASI’s losers with 3.8%, while the stock of Saudi Amiantit Group was the best performer after adding 5.1%,

The Saudi Basic Industries Corporation’s (SABIC) stock generated the highest liquidity with SAR 321.68 million, while Dar Al Arkan Real Estate Development Company’s stock topped the bourse in terms of trading volume with 9.98 million shares.

In the meantime, the main index of the Nomu secondary market, NOMU, fell 8.33 points, or 0.26%, to close the session at 3,160.54 points.

Development Works Food Co’s (DWF) stock was the worst performer with 8.5%, while Al Omran Industrial and Trading Company’s stock led gainers after rising 4.9%.

Abdullah Saad Mohamed Abo Moati for Bookstores Company’s stock was Nomu’s most active in all terms after 42,220 shares were exchanged, with a turnover of SAR 544,000.

On the other hand, the newly-launched MT30 index, the joint index between MSCI and Tadawul, increased slightly 1.21 points, or 0.1%, to 1,254.27 points.

Mubasher Contribution Time: 04-Feb-2019 13:40 (GMT)
Mubasher Last Update Time: 04-Feb-2019 13:45 (GMT)