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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.