Written by 19:58 Business, News, Saudi Arabia

The Saudi Benchmark Index Closes at 11,667

The Saudi Benchmark Index Closes at 11,667

The Tadawul All Share Index of Saudi Arabia fell on Thursday, closing at 11,667.12 after dropping 62.59 points, or 0.53 percent.

36 stocks rose and 193 fell during the benchmark index’s overall trading turnover, which came to SR6.70 billion ($1.78 billion).

The Kingdom’s parallel market, Nomu, closed at 25,815.29. It also dropped by 88.48 points, or 0.34 percent. This occurred while up to 32 equities declined and 33 stocks rose.

In a same vein, the MSCI Tadawul Index closed at 1,462.85, down 4.50 points, or 0.31 percent.

Baazeem Trading Co. was the best-performing stock of the day, rising 9.95 percent to SR7.18 in share price.

Theeb Rent a Car Co. and Halwani Bros. Co. were two other top performers, with share prices rising by 5.76 percent and 6.35 percent, respectively, to SR51.90 and SR67.90.

The National Co. for Glass Industries and Red Sea International Co. both had strong performances.

Middle East Healthcare Co. was the worst performer, with a 9.41% decline in share price to SR61.60.

Among the biggest decliners were Scientific and Medical Equipment House Co. and Al-Baha Investment and Development Co., whose share prices fell by 7.06 percent and 7.69 percent, to SR0.12 and SR50, respectively.

Also Read:

Oil Update: A Two-Session Streak is Expected to End as Prices Decline

By May, UAE Banks will Lend $232 Billion to the Business and Industrial Sectors

 

Visited 1 times, 1 visit(s) today
Close