TASI slides 51 pts, Nomu tumbles 37 pts at Tuesday’s close

TASI slides 51 pts, Nomu tumbles 37 pts at Tuesday’s close
Kingdom Holding Company’s (KHC) stock slid 10% to reach SAR 8.1, with a liquidity of SAR 11.6 million

Riyadh – Mubasher: The Saudi Stock Exchange's benchmark Tadawul All Share Index (TASI) closed Tuesday 0.74% or 51.4 points lower to reach 6,933.46 points.

TASI’s trading volume amounted to 287 million shares, through 129,000 transactions, generating SAR 6 million.

Kingdom Holding Company’s (KHC) stock slid 10% to reach SAR 8.1, with a liquidity of SAR 11.6 million.

The banks, telecommunication services, and food and staples retailing sectors went up 0.55%, 0.41%, and 0.12%, respectively.

On the flipside, the diversified financials sector levelled down 10%, and materials sector declined 1.1%.

In the meantime, NOMU, the main index of the Nomu-Parallel Market retreated 1.25% or 37.8 points reaching 2,989 points.

Arab Sea Information System’s stock led Nomu’s losers with 15.3% to reach SAR 12, whereas the stock of Al-Samaani Factory for Metal Industries surged 8.6%, closing at SAR 51.

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Source: Mubasher

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