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HomeFinanceSaudi Stock Exchange Witnesses Upward Trend in Main Index

Saudi Stock Exchange Witnesses Upward Trend in Main Index

Parallel Market Index (NOMU) Also Sees Significant Gains

December 30, 2023
in Finance
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The Saudi Stock Exchange concluded the trading session with a positive note as its primary index climbed, marking an increase of 42.57 points to settle at a value of 11931.92 points.

In terms of trading activity, the day saw a significant monetary volume, with transactions amounting to SAR7.1 billion. Moreover, the quantity of shares exchanged during the session reached 244 million.

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Alongside the main index, the Saudi Parallel Market Index, known as NOMU, also experienced a surge. It ascended by 231.09 points, culminating at a closing figure of 24223.63 points. This index, which offers a venue for qualified investors to trade shares of smaller cap companies, reported a trading value of SAR29.7 million.

The combined gains in both the primary index and NOMU highlight the vitality and growth within the financial markets of Saudi Arabia, signaling positive investor sentiment and market dynamics on that trading day.

Tags: market gainsNomuSaudi Stock Exchangestock indextrading value
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