Tadawul closes Tuesday down; NOMU posts 10-session low

Tadawul closes Tuesday down; NOMU posts 10-session low
Nomu’s trading value declined to SAR 1.14 million on Tuesday

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Tuesday’s trading session in the red zone, dragged by the banking segment.

The benchmark Tadawul All Share Index (TASI) of the Saudi Stock Exchange (Tadawul) edged down 0.04% or 2.78 points to close at 7,778.05 points.

Tadawul’s turnover decreased to SAR 4.4 billion on Tuesday compared to SAR 5.9 billion on Monday after the trading volume shrank to 179.55 million shares from 263.83 million shares.

Insurance companies led eight decliners with 1.9, followed by the commercial services with 1.6%. Meanwhile, the leading banks sector retreated 0.2%, impacting the trading.

Food Retailing topped gainers with 2%, followed by the healthcare segment with 1.7%. Telecom and basic material sectors added 0.9% and 0.2%, respectively.

The main index of Nomu – Parallel Market Index (NOMU) closed Tuesday’s session with the lowest level in the past 10 sessions. The index lost 0.44% or 13.56 points to close at 3,099.69 points.

Nomu’s trading value declined to SAR 1.14 million on Tuesday from SAR 2.08 million in the previous session after about 59,780 shares were traded compared to around 120,810 in Monday’s session.

Source: Mubasher Exclusive

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