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TASI, NomuC close Thursday in red zone

TASI, NomuC close Thursday in red zone
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Riyadh – Mubasher: The main market’s All Share Index (TASI) of the Saudi Exchange (Tadawul) decreased by 42.09 points (0.33%) on Thursday, closing the session at 12,565.89 points.

The turnover stood at SAR 10.53 billion through the trading of 424.23 million shares.  

Modern Mills for Food Products Company, which started trading its shares on 27 March 2024, advanced the risers with 9.46% and recorded the highest trading value of SAR 1.74 billion.

Saudi Research and Media Group (SRMG) was the top faller with 10%, in line with disclosing a 13.74% annual decrease in its 2023 net profit.

Tourism Enterprise Company (Shams) remained the most active stock for the fifth session in a row, with 44.26 million shares.

The Parallel Market Capped Index (NomuC) also plummeted by 385.72 points (1.43%) to 26,622.88 points.

Riyadh Steel Company advanced the risers with 4.47%, whereas Almuneef Company for Trade, Industry, Agriculture and Contracting was the top faller with 8.75%.