TASI drops 13 pts, Nomu inches up at Tuesday’s close

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) finished Tuesday in decline after its benchmark Tadawul All Share Index (TASI) tumbled 13.27 points, or 0.17%, to 7,693.07 points.

TASI’s traded volume stood at 79.7 million shares, down from 104.48 million shares in the previous session, while liquidity fell to SAR 1.98 billion, from SAR 2.55 billion.

The food and staples retailing sector decreased 1.7%, followed by media with 1.4%, transportation with 0.7%, banks with 0.33%, and telecommunication services with 0.14%.

On the other hand, the insurance sector rose 1.1%, followed by capital goods with 0.5%, food and beverages with 0.15%, and materials with 0.04%.

Dur Hospitality Co.’s stock was the worst performer after declining 3.3%, whereas Mediterranean and Gulf Insurance and Reinsurance Company’s (MedGulf) stock was the bourse’s best performer after jumping 9.99%.

Alinma Bank’s stock led in terms of trading volume after 18.58 million shares were exchanged, with a turnover of SAR 372.4 million.

In the meantime, NOMU, the main index of the Nomu-Parallel Market, increased 3.07 points, or 0.12%, reaching 2,583.17 points.

Nomu’s liquidity grew to SAR 349,210, from SAR 283,350, while traded volume reached 32,240 shares, compared to 22,240 shares.

The stocks of Raydan Co and Abo Moati for Bookstores went up 0.63%, and 0.61%, respectively.

Abo Moati for Bookstores acquired Nomu’s activities after 24,800 shares were exchanged, generating SAR 247,670.

Mubasher Contribution Time: 11-Sep-2018 13:33 (GMT)
Mubasher Last Update Time: 11-Sep-2018 13:33 (GMT)

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