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Nomu-Parallel Market rises on launching session

Nomu-Parallel Market rises on launching session
Photo Credit: Arabianeye-Reuters
BAAZEEM
4051
23.80% 69.70 13.40
DWF
6013
36.00% 136.00 36.00
RAYDAN
6012
10.44% 27.50 2.60

ALOMRAN
4141
17.56% 41.85 6.25
Default Company
1832.O
0.00% 0.00 0.00
ARAB SEA
7201
50.68% 7.76 2.61

ABO MOATI
4191
25.42% 30.20 6.12

Riyadh - Mubasher: In its first trading session, the Nomu-Parallel Market saw a group rise on Sunday, with some stocks reaching the maximum allowed limit that has been set at 20%.

Arab Sea Information System, and Devlopment Works surged 20%, while Al Samaani for Metal Industries, and Abo Moati for Bookstores approached this limit by 12:30 PM KSA, reaching 19.87%, and 17.3% respectively.

Today, the Saudi Stock Exchange (Tadawul) launched Nomu-Parallel Market with trading activity beginning with the stocks of seven companies, with a fluctuation limit of 20%.

Baazeem Trading saw the smallest gains as it went up by 8.2%, while Raydan and al-Omran industries and trading added 11.87% and 14.46% respectively.

Meanwhile, the main index rose 0.3%, gaining 20.41 points, and closed at the level of 7066.58 points.