TASI falls, Nomu skyrockets 111 pts at close Thursday

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Thursday on a negative performance after its benchmark Tadawul All Share Index (TASI) levelled down 31.21 points, or 0.37%, to 8,434.89 points.

TASI’s liquidity rose to SAR 2.74 billion ($729.6 million), from SAR 2.65 billion ($706.93 million), whereas traded volume stood at 106.4 million shares, down from 115.2 million on Wednesday.

The media and entertainment sector led losers with 4.94%, followed by the food and beverages sector with 1.9%, while materials fell 1.56%.

On the other hand, the diversified financials, banks, and telecommunication services sectors went up 0.65%, 0.36%, and 0.29%, respectively.

Saudi Research and Marketing Group’s stock led losers with 5.27%, while Saudi Steel Pipe Company’s (SSP) stock topped gainers with 6.67%.

The Saudi Basic Industries Corporation’s (SABIC) stock, down 1.95%, led in terms of traded value after generating SAR 349.7 million, while the stock of Alinma Bank, down 0.25%, topped in terms of trading volume via 7.4 million exchanged shares.

In the meantime, the main index of the Nomu secondary market, NOMU, surged 111.25 points, or 4%, to close at 2,891.2 points, reaching its highest level since July 2018.

National Building and Marketing Co’s topped Nomu’s gainers after soaring 19.85%, whereas Abdullah Saad Mohamed Abo Moati for Bookstores Company and Arab Sea Information System Co stocks’ decreased 1.52%, and 0.15%, respectively.

Mubasher Contribution Time: 24-Jan-2019 13:25 (GMT)
Mubasher Last Update Time: 24-Jan-2019 13:29 (GMT)