Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Saudi stock market index closes lower at 10,598 points

Saudi Arabia’s main stock index ended down 81.73 points on Wednesday, with trading value reaching SAR 3.5 billion.

Saudi stock market index closes lower at 10,598 points

On Wednesday, the Saudi stock market index concluded with a decline of 81.73 points, culminating at 10,598.88 points. The trading volume reached approximately SAR 3.5 billion, based on the daily economic bulletin from the Saudi Press Agency. During the day, 167 million shares changed hands, with 70 companies experiencing an increase in share prices, while 192 companies saw a decline.

Notable gainers included Redan, Tabuk Agricultural, BinDawood, Al Ramz, and Armah, whereas Asmak, Naseej, Al Arabia, Aljazira REIT, and Makkah were among the biggest losers. The price fluctuations spanned from a 9.96% gain to a 9.96% decrease. In terms of trading activity, Ladan, Saudi Aramco, Al Rajhi, Americana, and Al Ahli were the most prominent.

By market value, Al Rajhi, Al Ahli, Saudi Aramco, STC, and Petro Rabigh led the market's performance. The Saudi parallel market index (Nomu) experienced a decline of 22.64 points, settling at 21,532.24 points. The trading value totaled SAR 18 million, with over 3.5 million shares traded.

Written by urgent.news from Ajel English's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at english.ajel.sa →

More in Finance & Markets

Morgan Stanley Asia deals leaked in missent email attachment

HONG KONG: A senior Morgan Stanley banker covering financial sponsors in Asia accidentally leaked their deal pipeline in an email sent to clients, according to six people with knowledge of the matter. The banker attached the financial sponsors group’s deal pipeline by mistake in a weekly update email he sent to clients, the people said.

More from Thursday 24 September →