Arab News, Thu, Mar 14, 2024 | Ramadan 4, 1445
Closing Bell – Saudi Arabia’s TASI closes in green, climbing at 12,723
Saudi Arabia:
Saudi Arabia’s Tadawul All Share Index concluded Wednesday’s trading session at
12,723.15 points, marking an increase of 109.21 points or 0.87 percent.
MSCI Tadawul 30 Index also increased by 6.27
points to finish at 1,605.34, a 0.39 percent climb.
The parallel market, Nomu, closed the day at
26,680.90 points, reflecting an increase of 234.31 or 0.89 percent.
TASI reported a trading volume of SR11.38 billion
($3.03 billion), with 166 stocks gaining and 52 losing steam.
The best-performing stock of the day was Saudi
Chemical Co., whose share price surged 10 percent to SR7.06.
The second top performer was Amana Cooperative
Insurance Co., whose share price soared 9.93 percent to SR16.38.
Other gainers include Arabian Contracting Services
Co. and Saudi Enaya Cooperative Insurance Co. as their share prices increased by
9.92 percent and 9.39 percent to SR252.60 and SR21.44, respectively.
The worst performer was AYYAN Investment Co.,
whose share price dropped by 2.18 percent to SR13.12. Saudi Steel Pipe Co. also
did not perform well as its share price decreased by 5.49 percent to reach
SR24.24.
On the parallel market, Nomu, International Human
Resources Co. emerged as the top gainer, with its share price soaring by 12.98
percent to SR4.70.
Other gainers include Lana Medical Co. and Watani
Iron Steel Co., as their share prices increased by 7.89 percent and 7.02 percent
to SR41 and SR3.05, respectively.
Quara Finance Co. was the major loser on Nomu, as
the company’s share price slipped 17.45 percent to SR17.22.
Other worst performers included Mulkia Investment
Co. and Arabian Plastic Industrial Co., whose share prices shed by 9.89 percent
and 9.66 percent, respectively.