Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) saw its benchmark index rise slightly early Monday on the back of an increase of its leading sectors. Similarly, the parallel market index “Nomu” grew at the beginning of the session.
By 10:32 am Saudi time, the Tadawul All Shares Index (TASI) added 0.1%, gaining 6.96 points to reach 6,790.34 points.
Traded value reached SAR 107.02 million after 5.45 million shares were traded through 4,240 transactions.
The sectors went up collectively, led by the REITs with 0.64%, followed by the commercial and professional services sector with 0.6%, and the materials sector with 0.5%.
In the meantime, four sectors fell, topped by food and staples retailing with 0.4%, while three sectors remained stable.
The telecommunication services, banks, and utilities sectors levelled up 0.37%, 0.17%, and 0.15%, respectively.
A total of 79 companies’ stocks rose, led by Salama Cooperative Insurance with 2.1%, while 43 stocks declined topped by National Gypsum Co., which lost 2.6%, and 45 stocks remained unchanged.
Meanwhile, the parallel market “Nomu” index grew 1.53%, surging 61.88 points and reaching 4,115.58 points.
Most of Nomu’s stocks were stable, with the exception of Abo Moati, which surged 9.5% to reach SAR 14.
TASI closed on Sunday in the red zone, registering its fifth straight decline, while “Nomu” fell to its lowest level since its launch in February 2017.
