RIYADH: Saudi Arabia’s Tadawul All Share Index concluded Wednesday’s trading session at 11,096.65 points, marking a decrease of 206.11 points, or 1.82 percent.
The total trading turnover of the benchmark index was SR6.83 billion ($1.82 billion), as 23 stocks advanced, while 225 retreated.
The MSCI Tadawul Index also declined by 23.02 points, or 1.61 percent, to close at 1,409.46.
The Kingdom’s parallel market, Nomu, reported a decrease as well, declining by 103.58 points, or 0.36 percent, to close at 28,369.89 points. This comes as 24 of the listed stocks advanced, while 57 retreated.
The index’s top performer, Raoom Trading Co., saw a 3.56 percent increase in its share price to close at SR168.80.
Other top performers included Al-Rajhi Co. for Cooperative Insurance, which saw a 2.86 percent increase to reach SR129.60, while Saudi Paper Manufacturing Co.’s share price rose by 2.74 percent to SR60.
Almoosa Health Co. also recorded a positive trajectory, with share prices rising 2.49 percent to reach SR140. Saudia Dairy and Foodstuff Co. also witnessed positive gains, with a 1.55 percent increase, reaching SR301.60.
Bank Albilad led losses on the main index, falling 6.39 percent to SR32.25, followed by Sadr Logistics Co., which dropped 6.08 percent to SR2.78. Kingdom Holding Co. also registered a notable fall of 5.87 percent, closing at SR7.86.
Other significant decliners included Sustained Infrastructure Holding Co., down 5.85 percent, and Derayah Financial Co., which lost 5.83 percent.
On the parallel market Nomu, Balady Poultry Co. was the top gainer, with its share price surging by 13.79 percent to SR330.
Other top gainers in the parallel market included Tam Development Co., which jumped 8.55 percent to SR165.00, and Balsm Alofoq Medical Co., which rose 8.19 percent to SR77.90.
Digital Research Co. and Al-Razi Medical Co. were the other top gainers on the parallel market.
Knowledge Net Co. was the biggest decliner on Nomu, with its share price falling 10.98 percent to SR30. Naas Petrol Factory Co. and Mulkia Investment Co. also posted steep losses, dropping 9.09 percent to SR60 and 8.89 percent to SR41, respectively.
