TASI closes Sunday higher; Nomu main index falls

TASI closes Sunday higher; Nomu main index falls
Tadawul’s trading value stood at SAR 2.5 billion

Riyadh – Mubasher: The benchmark Tadawul All Share Index (TASI) of the Saudi Stock Exchange (Tadawul) on Sunday posted a positive performance for the fifth session in a row, while the main index (NOMU) of the Nomu-Parallel Market closed the session in red.

TASI gained 0.48% or 35.3 points to close at 7,348.76 points.

TASI has a short-term resistance at 7,840 points which will lead to an upward target level of 7,700 points in case of breaking, economic analyst Safaa Fares told Mubasher.

Meanwhile, the index’s support level will be at 7,260 points which will lead to a decline to 7,100 points in case of breaking, the analyst added.

Tadawul’s trading value stood at SAR 2.5 billion after 129 million shares were exchanged.

The Media segment topped gainers with a growth of 8.99%, while the retail sector led decliners with 0.47%.

Meanwhile, NOMU index fell by 0.24% or 8.7 points to close the session at 7,348.76 points.

Nomu’s liquidity amounted to SAR 3.6 million after 137,000 shares were traded.

 

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Source: Mubasher Exclusive

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