Tadawul hits highest decline in 13 weeks; Nomu rises in week

Tadawul hits highest decline in 13 weeks; Nomu rises in week
Photo Credit: Arabianeye-Reuters

Mubasher: The main index of the Saudi Stock Exchange (Tadawul) lost 2.5% or 177.9 points to reach 6,899 points by the week ended on 20 April from 7,076.92 points by the week ended on 13 April.

Meanwhile, the main index (NOMU) of the Nomu-Parallel Market gained 0.45% or 22.1 points during the week to reach 4,947.9 points, following two weeks in the red zone.

Tadawul’s liquidity grew by 1.79% to total SAR 15.366 billion from SAR 15.096 billion in the previous week. The trading volume increased by 28.3% to total 899.7 million shares from 701.26 million a week ago.

The Nomu’s turnover shrank to SAR 33.5 million this week from SAR 34.5 million in the prior week.

The market cap of Tadawul lost SAR 41.55 billion to stand at SAR 1.62 trillion from SAR 1.66 trillion in the past week.

The basic materials sector of Tadawul was the top decliner with a fall of 2.71%.

Al Asmak was the top winner during the week, with a surge of 146.8% to reach SAR 27 per share, while Budget Saudi Arabia led the losers with a drop of 21.93% to reach SAR 22.93 a share.

Dar Al Arkan was the most active stock on which 161.4 million shares were traded.

Alinma recorded the highest trading value of SAR 1.7 billion, falling by 1.43% this week.


Source: Mubasher Exclusive