RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Wednesday, shedding 6.21 points, or 0.06 percent, to close at 10,763.45.
Total trading turnover on the main index reached SR4.20 billion ($1.12 billion), with 102 stocks advancing and 147 declining.
The Kingdom’s parallel market, Nomu, gained 189.19 points to close at 26,333.30, while the MSCI Tadawul Index edged up 0.04 percent to 1,391.63.
The best-performing stock on the main market was LIVA Insurance Co., which jumped 8.76 percent to SR13.29.
Nice One Beauty Digital Marketing Co. rose 7.27 percent to SR24.78, while Saudi Automotive Services Co. gained 6.33 percent to SR52.40.
Methanol Chemicals Co. posted the sharpest drop, falling 8.66 percent to SR9.70. Saudi Industrial Development Co. declined 7.21 percent to SR30.12, Nahdi Medical Co. dropped 4.81 percent to SR114.90, and Sport Clubs Co. decreased 4.30 percent to SR11.57.
On the parallel market, Future Care Trading Co. recorded the largest gain, rising 29.71 percent to SR2.27. Balady Poultry Co. registered the steepest decline, down 5.87 percent to SR147.50.
Meanwhile, Alinma Capital — acting as financial adviser, book-runner, underwriter, and lead manager for the initial public offering of Marketing Home Group Co. — announced the successful completion of the book-building process for the participating parties’ tranche.
The final offer price has been set at SR85 per share, following strong demand that resulted in 967 percent coverage of the total offered shares.
The subscription period for retail investors will open on Aug. 19 and close at 11:59 p.m. on Aug. 20, during which up to 960,000 ordinary shares — representing 20 percent of the total offered — will be allocated to individual subscribers.
