Saudi stock market index falls, closes at 10,455 points
Saudi Arabia’s main stock index closed down over 123 points on Monday, with trading value reaching 3.6 billion riyals.
On Monday, Saudi Arabia's principal stock index suffered a decline, concluding at 10,455.64 points, a loss of 123.54 points. The total trading value for the day amounted to approximately 3.6 billion riyals. A total of 202 million shares changed hands, reflecting the day's activity. Among the 27 companies that experienced a price increase, Madinat Al-Maarefa, Enaya, Arabian Drilling Company, Lazurde, and Mutawtirah stood out.
Conversely, 236 firms witnessed a decrease in value. The most significant gainers during the session were Madinat Al-Maarefa, Enaya, Arabian Drilling Company, Lazurde, and Mutawtirah. On the flip side, Abu Moati, Eastern Pipes, Salama, Al Kathiri, and Walden were the most substantial losers, with price fluctuations ranging from a 10.00% gain to an 8.06% loss.
Al Kathiri, Americana, Walden, Anabib, and Saudi Aramco led the trading volume chart. Meanwhile, in terms of value, Al Rajhi, Saudi Aramco, Al Ahli, Alinma, and STC were the most engaged stocks. The Saudi parallel stock market index (Nomu) also saw a downturn, closing at 21,287.11 points, a decline of 173.11 points. The day's trading value reached 15 million riyals, with over 5.7 million shares exchanged.
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