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Nomu-Parallel Market rises on launching session

Nomu-Parallel Market rises on launching session
Photo Credit: Arabianeye-Reuters
BAAZEEM
4051
0.00% 5.49 0.00
DWF
6013
-1.36% 94.10 -1.30
RAYDAN
6012
-1.03% 13.40 -0.14

ALOMRAN
4141
0.89% 20.48 0.18
SADR
1832
0.00% 2.51 0.00
ARAB SEA
7201
-0.90% 3.30 -0.03

ABO MOATI
4191
0.83% 41.12 0.34

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.