RIYADH: Saudi Arabia’s Tadawul All Share Index dropped by 0.02 percent, or 2.39 points, to settle at 11,739.35 points on Monday.
The total trading turnover of the benchmark index was SR5.4 billion ($1.4 billion), as 82 of the listed stocks advanced, while 143 retreated.
The MSCI Tadawul Index also decreased by 1.30 points, or 0.09 percent, to close at 1,470.29.
The Kingdom’s parallel market Nomu increased, gaining 115.94 points, or 0.38 percent, to close at 30,289.06 points. This comes as 37 of the listed stocks advanced while as many as 44 retreated.
The index’s top performer, Saudi Reinsurance Co., saw a 5.99 percent increase in its share price to close at SR47.80.
Other top gainers included Saudi Chemical Co., which saw a 5.07 percent increase to reach SR9.54, while Fitaihi Holding Group’s share price rose by 4.58 percent to SR4.34.
Electrical Industries Co. also recorded a positive trajectory, with share prices rising 4.51 percent to reach SR7.42.
Tamkeen Human Resource Co. also witnessed positive gains, rising 4.41 percent to reach SR71.
SHL Finance Co. saw the steepest decline on TASI, with its share price dropping 3.87 percent to SR16.90.
National Medical Care Co. followed with a 3.54 percent drop to SR158.20. MBC Group Co. also saw a notable drop of 3.40 percent to settle at SR51.20.
Al-Baha Investment and Development Co. saw a decline of 3.33 percent, with shares settling at SR0.29.
Saudi Ceramic Co. also underperformed, with shares dropping 3.15 percent to SR35.40.
In Nomu, Sure Global Tech Co. was the best performer, with its share price rising by 8.18 percent to reach SR88.60.
Arabian Plastic Industrial Co. and Purity for Information Technology Co. also delivered strong performances. Arabian Plastic Industrial Co. saw its share price rise by 5.28 percent, reaching SR36.90, while Purity for Information Technology Co. recorded a 3.95 percent increase, standing at SR13.70.
Enma AlRawabi Co. also fared well with 3.93, and the Neft Alsharq Co. for Chemical Industries increased 3.86 percent.
Fesh Fash Snack Food Production Co. shed the most in Nomu, with its share price dropping by 5.23 percent to reach SR14.50.
Almuneef Co. for Trade, Industry, Agriculture and Contracting experienced a 4.94 percent decline in share prices, closing at SR5.20, while AME Co. for Medical Supplies dropped 4.67 percent to settle at SR102.
Aqaseem Factory for Chemicals and Plastics Co. declined by 4.53 percent, while Naas Petrol Factory Co. saw a drop of 4.15 percent, making them among the top decliners.
On the announcement front, the Saudi Exchange has revealed the listing and commencement of trading for shares of United International Holding Co. on the main market, effective Tuesday, Dec. 3, 2024.
In accordance with listing regulations, daily price fluctuation limits will be set at 30 percent above or below the share price for the first three days of trading.
During this period, static price fluctuation limits will also be applied at 10 percent.
