RIYADH: Saudi Arabia’s benchmark Tadawul All Share Index closed Monday up 44.29 points, or 0.41 percent, at 10,973.08.
The MSCI Tadawul 30 Index gained 8.54 points, or 0.59 percent, to 1,462, while the parallel market Nomu fell 239.14 points, or 1.04 percent, to 22,750.48.
Trading turnover reached SR5.74 billion ($1.53 billion) on a volume of 268.9 million shares, with 96 listings advancing and 164 declining.
Consolidated Grunenfelder Saady Holding Co. led gainers, rising 7.77 percent to SR8.18. National Co. for Learning and Education advanced 6.70 percent to SR129, while Amana Cooperative Insurance Co. gained 4.33 percent to SR7.71.
Maharah Human Resources Co. added 4.11 percent to SR6.59, and Walaa Cooperative Insurance Co. climbed 3.69 percent to SR10.39.
On the losing side, Kingdom Holding Co. fell 4.31 percent to SR13.55. Aldawaa Medical Services Co. declined 4.06 percent to SR44, while Saudi Arabian Cooperative Insurance Co. dropped 2.99 percent to SR9.40.
Al Kathiri Holding Co. lost 2.98 percent to SR1.63, and Naseej International Trading Co. slipped 2.9 percent to SR21.44.
The Kingdom’s capital market saw a series of corporate actions on Monday, with the Saudi Exchange adjusting trading limits for Fesh Fash Snack Food Production Co. following shareholder approval of a bonus-share distribution, while the Securities Depository Center Co. implemented a securities quantity increase for Naba Alsaha Medical Services Co.
Fesh Fash Snack Food Production Co.’s extraordinary general meeting approved a capital increase through bonus shares, prompting the Saudi Exchange to set the stock’s fluctuation limits based on a reference share price of SR5.81 for the session.
Outstanding orders were cancelled, and Edaa is scheduled to deposit the additional shares into eligible shareholders’ portfolios by June 10.
Fesh Fash Snack Food Production Co. shares gained 0.34 percent to SR5.83
Separately, Edaa announced the implementation of a securities quantity increase for Naba Alsaha Medical Services Co., reflecting the completion of the company’s corporate action process and the allocation of additional shares to eligible investors’ accounts.
Shares of Naba Alsaha Medical Services Co. fell 7.9 percent to close at SR23.91.
