Arab News, Tue, Jun 25, 2024 | Dhu al-Hijjah 19, 1445
Closing Bell: Saudi Tadawul closes in the red across all indexes
Saudi Arabia:
Saudi Arabia’s Tadawul All Share Index slipped on Monday, losing 32.93 points,
or 0.28 percent, to close at 11,697.04.
The total trading turnover of the benchmark
index was SR8.6 billion ($2.3 billion), as 115 of the listed stocks advanced
while 109 retreated.
The Kingdom’s parallel market Nomu dropped
47.75 points, or 0.18 percent, to close at 26,777.87. This comes as 21 of the
listed stocks advanced while as many as 33 retreated.
Similarly, the MSCI Tadawul Index also
dropped 5.07 points, or 0.34 percent, to close at 1,470.61.
TASI’s best-performing stock of the day
was Miahona Co. The company’s share price surged 9.93 percent to SR23.46.
Other top performers include Etihad Atheeb
Telecommunication Co. as well as Jazan Development and Investment Co., whose
share prices soared by 7.88 percent and 6.92 percent to stand at SR91.70 and
SR15.46, respectively.
Additional top performers include Salama
Cooperative Insurance Co. and Electrical Industries Co.
The worst performer was Fawaz Abdulaziz Alhokair
Co., whose share price dropped by 5.99 percent to SR8.32.
Other firms to see a drop were Mouwasat Medical
Services Co. as well as ACWA Power Co., whose share prices dropped
by 3.69 percent and 3.56 percent to stand at SR120.20 and SR351.80,
respectively.
Additional falling performers include Theeb Rent a
Car Co. and Dr. Sulaiman Al Habib Medical Services Group.
In Nomu, Osool and Bakheet Investment Co. was the
top gainer, with its share price rising by 16.80 percent to SR60.50.
Other strong performers in Nomu were Mohammed Hadi
Al Rasheed and Partners Co. as well as Al Mohafaza Co. for Education, whose
share prices soared by 7.58 percent and 6.50 percent to stand at SR35.50 and
SR20, respectively.
Other top gainers include Future Care Trading
Co. and Saudi Lime Industries Co.
Mulkia Investment Co. was the major faller on
Nomu, as its share price dropped 9.80 percent to SR31.30.
The share prices of Alwasail Industrial Co. as
well as Lana Medical Co. also fell by 4.68 percent and 4.47 percent to stand at
SR2.65 and SR33.10, respectively.
Other major losers include Saudi Top for Trading
Co. and Jahez International Co. for Information System Technology.