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Three stocks surge amid Tadawul’s losses

Three stocks surge amid Tadawul’s losses
(Photo Credit: Arabianeye-Reuters)
TAIBA
4090
48.91% 40.80 13.40
MCDC
4100
58.15% 99.00 36.40
NADEC
6010
-30.57% 32.70 -14.40

Riyadh – Mubasher: Nadec, Makkah Construction, and Taiba Holding hiked to standard levels on Tuesday to oppose the market’s declines.

By 01:53pm KSA time, Nadec topped the gaining stocks and levelled up 6.95% to SAR 29.40, to record the highest level since 8 September 2015 at SAR 29.44.

Makkah Construction came second, rising 5% to SAR 113, which is its highest level since 25 April 2015 at SAR 113.35.

Taiba took the third place and gained 4.5% to SAR 45.50, as its highest level on 24 April 2014 had reached SAR 45.60.

Meanwhile, the main index of the Saudi Stock Exchange (Tadawul) marginally decreased 0.01% to 6,969.67 points, with 79.38 million shares exchanged at a value of SAR 1.77 billion.