Arab News, Mon, Jul 01, 2024 | Dhu al-Hijjah 25, 1445
Closing Bell: TASI closes in red to reach 11,696 points
Saudi Arabia:
Saudi Arabia’s Tadawul All Share Index fell on Sunday, declining 50.12 points,
or 0.43 percent, to close at 11,679.50.
The total trading turnover of the benchmark index
was SR5.3 billion ($1.416 billion) as 102 of the listed stocks advanced while
119 retreated.
Similarly, the MSCI Tadawul Index slightly
decreased by 8.60 points, or 0.58 percent, to close at 1,461.59.
The Kingdom’s parallel market Nomu also fell by
156.24 points, or 0.59 percent, to close at 26,145.76. This comes as 37 of the
listed stocks advanced while as many as 28 retreated.
The best-performing stock of the day was Al
Taiseer Group Talco Industrial Co., whose share price surged 9.92 percent to
SR57.60.
Other top performers include Modern Mills for Food
Products Co. and Miahona Co., whose share prices soared by 9.90 percent and 8.38
percent, to stand at SR49.95 and SR28.45 respectively.
In addition to this, top performers included Astra
Industrial Group and Saudi Manpower Solutions Co.
The worst performer was Saudi Automotive Services
Co., whose share price dropped by 5.73 percent to SR52.60.
Other worst performers were Raydan Food Co. as
well as Bupa Arabia for Cooperative Insurance Co., whose share prices dropped by
4.74 percent and 3.97 percent to stand at SR29.15 and SR246.80, respectively.
Additional poor performers include Al Sagr
Cooperative Insurance Co. and Etihad Atheeb Telecommunication Co.
In the parallel market, Nomu, Saudi Top for
Trading Co. was the highest gainer, with its share price surging by 10.42
percent to SR6.89.
Other top gainers in the parallel market were Enma
AlRawabi Co. and Armah Sports Co., with their share prices surging 9.31 percent
and 6.93 percent to reach SR20.90 and SR57.10, respectively.
Future Care Trading Co. was the major loser on
Nomu, as its share price slipped 11.24 percent to SR15.
Paper Home Co. and National Building and Marketing
Co. were other major losers on Nomu. Their share prices dropped by 7.95 percent and 6.67 percent, reaching SR220 and SR210, respectively.