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HomeFinanceRiyadh Stock Market Sees Main Index Rise; NOMU Declines

Riyadh Stock Market Sees Main Index Rise; NOMU Declines

Saudi Exchange Reports Mixed Results in Trading Session

December 30, 2023
in Finance
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During a recent trading session in Riyadh, the Saudi Stock Exchange’s main index experienced an uptick, closing at 11,690.65 points, which reflects a gain of 68.72 points. This positive movement underscores a dynamic day in the financial markets within the Kingdom.

The session was characterized by a significant trading volume, with the total value reaching SAR 4.6 billion. Moreover, the flurry of activity saw 173 million shares changing hands, signaling robust investor engagement in the stock market.

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Contrary to the main index’s performance, the Saudi Parallel Market Index, known as NOMU, concluded the day on a different note. It recorded a downturn, shedding 391.23 points to finalize at 23,390.82 points. Despite the loss, the market cap of NOMU trades stood at SAR 25 million, reflecting its continued importance in the Saudi financial landscape.

Tags: Financial MarketsMarket IndexNomuSaudi Stock ExchangeShare Trading
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