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TASI, Nomu rise at Wednesday’s open

TASI, Nomu rise at Wednesday’s open
TASI inched up 0.01%, or 0.58 points, to 7,713.14 points

Riyadh - Mubasher: The Saudi Stock Exchange’s Tadawul All Share Index (TASI) inched up  0.01%, or 0.58 points, to 7,713.14 points in Wednesday’s early trading.

By 10:47 am KSA time, TASI’s trading volume hit 18.97 million shares, through 14,530 transactions, with a liquidity of SAR 420.5 million.

The foods retail, pharma and healthcare rose 1.2%, 0.34% and 0.3%, respectively, while the material sector inched up 0.1% and the banking sector added 0.09%.

On the other hand, the telecommunication services sector shed 0.9%, followed by commercial and professional services and the real estate sectors with 0.8%, and 0.3%, respectively.

Tabuk Agriculture Development’s stock topped TASI’s gainers with 4.5%, while Mobily’s stock topped the losers with 4.6%.

Meanwhile, NOMU, the main index of the Nomu-Parallel Market, increased 0.5%, or 14.5 points, to 3,098.254 points.

Raydan’s stock topped Nomu’s gainers with 2.5%, while Baazeem’s stock led the decliners with 1.9%

Development Works Food’s stock decreased 1.5% to SAR 66.8.