TASI hits 3M low, Nomu edges up at Sunday’s close

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Sunday's trading session in the red after its benchmark Tadawul All Share Index (TASI) plunged 111.26 points, or 1.36%, to 8,064.92 points, recording its sharpest losses in more than three months, or since 9 May.

TASI’s trading volume stood at 133 million shares on Sunday, down from 171.67 million shares on Thursday, while the market's traded value tumbled to SAR 3.28 billion ($875.2 million), from SAR 4.36 billion ($1.16 billion).

The media, healthcare, telecommunication services, banks, and materials sectors levelled down 3.26%, 2.61%, 1.7%, 1.42%, and 0.73%, respectively.

Middle East Healthcare Company’s (Saudi German Hospital) stock was the worst performer after falling 9.98%, whereas the Saudi Company for Hardware’s (SACO) stock was the best performer after growing 4.35%.

Alinma Bank’s stock, down 1.94%, was the most active after 32.44 million shares were exchanged, generating SAR 723.95 million in liquidity.

In the meantime, the main index of the Nomu-Parallel Market, NOMU, went up 2.09 points, or 0.07%, reaching 2,807.1 points.

Al-Kathiri Holding Company’s stock led gainers after jumping 15.06%, whereas the stock of Thob Al-Aseel Company inched down 0.35%.

Mubasher Contribution Time: 12-Aug-2018 13:32 (GMT)
Mubasher Last Update Time: 12-Aug-2018 13:39 (GMT)

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