TASI rises 8 pts, Nomu slides 121 pts at Thursday’s close

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Thursday in the green zone after its benchmark Tadawul All Share Index (TASI) increased 0.12% or 8.02 points, to reach 6,956.51 points.

TASI saw trading of 182.9 million shares on Thursday, against 156.5 million shares on Wednesday, while liquidity rose to SAR 3.10 billion, from SAR 3.8 billion.

The food and staples retailing sector levelled up 2%, followed by real estate investment traded funds (REITs) with 0.9%, banks with 0.3%, and materials with 0.14%.

On the flipside, transportation, diversified financials, and telecommunication services sectors tumbled 0.95%, 0.7%, and 0.4%, respectively.

Tabuk Cement’s stock topped TASI’s gainers after surging 7% to reach SAR 12.82, whereas Dar Al Arkan Real Estate Development’s stock retreated 9.9%, closing at SAR 7.61.

Al Inma Bank’s stock acquired the bourse’s liquidity with SAR 614.25 million, while Dar Al Arkan Real Estate Development’s stock led in terms of trading volume, after 50.28 million shares were exchanged.

In the meantime, NOMU, the main index of the Nomu-Parallel Market plunged 3.74% or 121.41 points, reaching 3,121.41 points.

Nomu’s traded volume stood at 31,610 shares on Thursday, against 120,120 shares on Wednesday, while liquidity decreased to SAR 873,390, from SAR 1.96 million.

Thob Al-Aseel Company’s stock declined 5.9%, closing at SAR 64, whereas Raydan Co’s stock went up 4.3% to reach SAR 18.

Development Works Food’s stock led Nomu in terms trading value, with a turnover of SAR 325,400, while Raydan Co’s stock topped in terms of traded volume after 9,970 shares were exchanged.

Mubasher Contribution Time: 02-Nov-2017 13:11 (GMT)
Mubasher Last Update Time: 02-Nov-2017 13:11 (GMT)