Saudi Arabia’s Tadawul All Share Index Closes in Green
In a positive turn of events, Saudi Arabia’s Tadawul All Share Index concluded in green on Monday, gaining 21.45 points, or 0.17 percent, to close at 12,423.01. The total trading turnover of the benchmark index was SR7 billion ($1.8 billion) as 104 stocks advanced while 109 retreated.
Nomu Market Also Witnesses Growth
The Kingdom’s parallel market, Nomu, also saw growth by 151 points, or 0.58 percent, to close at 26,181.03. This comes as 30 stocks advanced while as many as 34 retreated.
MSCI Tadawul Index Drops
On the flip side, the MSCI Tadawul Index dropped 4.92 points, or 0.31 percent, to close at 1,576.49. The best-performing stock of the day was Middle East Paper Co., with its share price surging 9.96 percent to SR44.7.
Top Performers and Worst Performers
Other top performers included National Co. for Learning and Education and ACWA Power Co., whose share prices soared by 9.89 percent and 7.03 percent, respectively. On the other hand, the worst performer was Middle East Healthcare Co., with its share price dropping by 10 percent. Other poor performers included Saudi Industrial Development Co. and Lumi Rental Co.
Exciting Developments in Nomu Market
On Nomu, Marble Design Co. was among the top performers with its stock growing by 8.11 percent. Shatirah House Restaurant Co. and Intelligent Oud Company for Trading also saw growth in their stocks.
Dr. Soliman Abdul Kader Fakeeh Hospital Co. Making Moves
In exciting news, Dr. Soliman Abdul Kader Fakeeh Hospital Co. is gearing up for a significant move in the market. The Capital Market Authority has officially approved the organization’s application for the registration and offering of shares, marking a strategic development for the company.