RIYADH: Saudi Arabia’s Tadawul All Share Index closed at 11,235.14 points on Monday, gaining 81.09 points or 0.73 percent.
MSCI Tadawul 30 Index edged up 12.18 points or 0.84 percent to finish at 1,453.72.
However, the parallel market Nomu fell 287.23 points or 1.26 percent to conclude at 22,556.88.
The main index posted a trading value of SR6.5 billion ($1.7 billion), with 157 stocks advancing and 60 declining. On the other hand, Nomu reported a trade volume of SR43 million.
Al Yamamah Steel Industries Co. was the top performer on TASI as its share price surged 10 percent to SR26.95. Filing and Packing Materials Manufacturing Co. also jumped 7.58 percent to SR44.
Al Hassan Ghazi Ibrahim Shaker Co. was also among the top performers, climbing 7 percent to SR26. Al-Baha Investment and Development Co. and Saudi Ceramic Co. increased 6.67 and 6.64 percent to SR0.16 and SR29.70, respectively.
Conversely, Etihad Atheeb Telecommunication Co. recorded the most significant dip, declining 9.95 percent to SR144.80.
Sumou Real Estate Co. and Arabian Pipes Co. also experienced setbacks, with their shares dropping to SR48.50 and SR99, reflecting declines of 5.09 and 4.26 percent, respectively. Wafrah for Industry and Development Co. and Alandalus Property Co. also reported significant losses.
Nomu’s top performer was Munawla Cargo Co., which saw a 30 percent jump to SR143. Arabian Plastic Industrial Co. and Molan Steel Co. also recorded notable gains, with their shares closing at SR47 and SR4.56, marking an increase of 17.5 and 9.09 percent, respectively. Advance International Co. for Communication and Information Technology and Obeikan Glass Co. also fared well.
In Nomu, Paper Home Co. was the worst performer, declining by 23.14 percent to SR186. Other underperformers included Edarat Communication and Information Technology Co. and Mayar Holding Co., whose share prices dropped 12.72 percent and 8.89 percent to SR340.20 and SR121, respectively.
Jahez International Co. for Information System Technology and National Building and Marketing Co. declined during the day to settle at SR440 and SR230, respectively.
Source: Arab News