Arab News, Wed, Jul 03, 2024 | Dhu al-Hijjah 27, 1445
Closing Bell: Tasi slips to close at 11,607 points
Saudi Arabia:
Saudi Arabia’s Tadawul All Share Index slipped on Tuesday, losing 52.44 points,
or 0.45 percent, to close at 11,606.09.
The total trading turnover of the benchmark index
was SR6.3 billion ($1.7 billion) as 87 of the listed stocks advanced, while 136
retreated.
The Kingdom’s parallel market Nomu dropped
209.07 points, or 0.79 percent, to close at 26,108.82. This came as 35 of the
listed stocks advanced, while 31 retreated.
Similarly, the MSCI Tadawul Index also
dropped 10.96 points, or 0.75 percent, to close at 1,446.49.
The top-performing stock of the day was LIVA
Insurance Co., with its share price surging 6.66 percent to SR19.22.
Other top performers include Saudi Manpower
Solutions Co. as well as Al-Etihad Cooperative Insurance Co., whose share prices
soared by 5.80 percent and 4.57 percent, to stand at SR9.30 and
SR18.76, respectively.
In addition to this, other top performers
included Ades Holding Co. and the Mediterranean and Gulf Insurance and
Reinsurance Co.
The worst performer was Anaam International
Holding Group, whose share price dropped by 5.69 percent to SR1.16.
Other companies to see falls were Arab National
Bank as well as Saudi Tadawul Group Holding Co., whose share prices dropped
by 4.09 percent and 3.78 percent to stand at SR19.72 and SR229.00,
respectively.
Moreover, others to see drops include Sustained
Infrastructure Holding Co. and Al Sagr Cooperative Insurance Co.
In Nomu, Arabian Plastic Industrial Co. was the
top gainer with its share price rising by 10.42 percent to SR39.20
Other best performers in Nomu were Knowledge Tower
Trading Co. as well as Saudi Top for Trading Co., whose share prices soared
by 8.94 percent and 8.53 percent to stand at SR7.19 and SR7.38,
respectively.
Other top gainers include Al Mohafaza Co. for
Education and Edarat Communication and Information Technology Co.
Pan Gulf Marketing Co. was the major loser on
Nomu, as the company’s share price dropped by 10.00 percent to SR32.40.
The share prices of Leaf Global Environmental
Services Co. as well as Shatirah House Restaurant Co. also fell by 9.05 percent
and 5.65 percent to stand at SR47.75 and SR12.70, respectively.
Other major fallers included Academy of Learning
Co. and Saudi Azm for Communication and Information Technology Co.