Saudi stock market closes higher at 11,231 points with SAR 6.1bn in trades
Tadawul ends Tuesday up over 57 points as trading value surpasses 6 billion riyals.
The Saudi stock market, known as Tadawul, closed on a positive note on Tuesday, marking a 57.48-point increase to reach an index value of 11,231.61. This represented a trading volume of SAR 6.1 billion, according to the Saudi Press Agency's daily economic bulletin. Over 303 million shares were exchanged during the trading session.
The number of companies that saw an increase in value outstripped those that faced a decline, with Alkathiri, Marna, Printing and Packaging, Rasan, and MIS being among the top gainers. Conversely, SRMG, Cenomi Retail, Al Yamamah Steel, Naseej, and Alasmak were the ones that experienced a decrease in their stock prices.
The variation in stock price changes ranged from a 9.48% increase to a 3.80% decrease. The companies with the highest trading volumes were Alkathiri, Americana, Batic, Al Rajhi, and Amiantit. On the other hand, Al Rajhi, Saudi Aramco, Alinma, Al Ahli, and Rasan were the most active by the value of their trades.
Meanwhile, the Nomu Parallel Market Index closed the day at 23.35 points lower, at 21,622.39, with a trading value of 51 million riyals. A total of 7.7 million shares were exchanged in this market.
Written by urgent.news from Ajel English's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
