
TASI drops 31 pts, Nomu inches up at Thursday’s close
The Saudi Stock Exchange (Tadawul) closed Thursday on a negative note for the third session in a row after its main Tadawul All Share Index (TASI) levelled down 30.74 points, or 0.4%, to 7,744.68 points.
TASI’s trading volume stood at 177.14 million shares on Thursday, against 159.67 million shares on Wednesday, while liquidity increased to SAR 4.55 billion, from SAR 4.2 billion.
The insurance, food and staples retailing, energy, banks, and telecommunication services sectors went down 4.1%, 1.6%, 0.95%, 0.6%, and 0.1%, respectively.
On the other hand, the media sector inched up 0.4%, followed by commercial and professional services with 0.3%, and the materials segment with 0.2%.
Salama Cooperative Insurance’s stock was TASI’s worst performer after decreasing 10%, whereas United Electronics Co.’s (eXtra) stock led risers with 5.7%.
Al Rajhi Bank’s stock acquired the bourse in terms of traded vaule after generating SAR 635.18 million, while Dar Al Arkan Real Estate Development Company’s stock was the most active in terms of trading volume after 42.32 million shares were exchanged.
In the meantime, the benchmark index of the Nomu-Parallel Market, NOMU, gained 2.32 points, or 0.08%, to close the last session of the week at 3,023.31 points.
Nomu’s trading volume reached 46,020 shares on Thursday, against 92,270 shares on Wednesday, while turnover fell to SAR 980,040, from SAR 3.76 million.
Arab Sea Information System’s stock levelled up 4.4%, whereas Al-Omran Industrial Trading’s stock dropped 5.9%.
Thob Al-Aseel Company’s acquired Nomu’s liquidity after generating SAR 439,250, while the stock of Arab Sea Information System topped in terms of trading volume after 17,130 shares were exchanged.
-Mubasher