TASI plunges 32 pts, Nomu stable at Thursday’s open

TASI plunges 32 pts, Nomu stable at Thursday’s open
By 10:50 am KSA time, TASI trading volume reached 41.13 million shares, through 16,530 deals, generating SAR 623.28 million

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) opened Thursday’s trading activities in the red zone after its benchmark Tadawul All Share Index (TASI) dropped 0.46% or 31.98 points to reach 6,904 points.

By 10:50 am KSA time, TASI saw trading of 41.13 million shares, through 16,530 transactions, with a liquidity of SAR 623.28 million.

The capital goods, food and staples retailing, media, telecommunication services, banks, and materials sectors levelled down 1.7%, 1.3%, 1.2%, 1.2%, 0.53%, and 0.46%, respectively.

On the other hand, the consumer services sector inched up 0.9%, and the commercial and professional service sector increased 0.7%.

Saudi Industrial Export Company’s (SIEC) stock was TASI’s worst performer with 9.9%, whereas Dar Al Arkan Real Estate Development’s stock rose 5.5%.

Meanwhile, NOMU, the main index of the Nomu-Parallel Market remained unchanged at the level of 2,981.67 points.

Al-Samaani Factory for Metal Industries’ stock grew 2.5%, while the rest of stocks remained stable.

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Source: Mubasher

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