TASI adds 0.7%; NOMU sheds 2.2% in week

TASI adds 0.7%; NOMU sheds 2.2% in week
Tadawul’s turnover went up 29%

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) saw positive results over the week ended 2 November, as Tadawul All Shares Index (TASI) rose, while Nomu-Parallel Market (NOMU) tumbled.

TASI added 0.66% or 45.85 points to 6,956.51 points.

TASI’s market capitalisation increased by SAR 15.85 billion ($4.23 billion) to SAR 1.648 trillion ($439.58 billion) from SAR 1.632 trillion ($435.35 billion) in the week ended 26 October.   

Meanwhile, NOMU dropped 2.2% or 71.43 points to 3,121.41 points.

Among the market’s sectors, 12 were gainers, topped by the communication sector, jumping 3.88%, while the materials and banks sectors added 0.59% and 0.54%, respectively.

The pharma sector headed Tadawul’s losers, falling 1.16%, followed by the real estate management and development sector, which sank 0.77%.

Tadawul’s turnover went up 29% to SAR 15.98 billion ($4.26 billion) during the week, versus SAR 12.36 billion ($3.3 billion) in the week ended 26 October.

Trading volume increased by 24.5% to 845 million shares, compared to 678.95 million shares in the previous week.

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Source: Mubasher Exclusive

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