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HomeFinanceSaudi Stock Market Sees Slight Decline

Saudi Stock Market Sees Slight Decline

Tadawul Index Falls Amid Mixed Market Performance

January 13, 2025
in Finance
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The Saudi stock market experienced a slight decline as the Tadawul All Share Index fell by 17.03 points, or 0.14%, closing at 12,109.94. Trading turnover reached SR5.77 billion, with 114 stocks advancing and 119 retreating.

The MSCI Tadawul Index also saw a minor decrease of 2.34 points, or 0.15%, finishing at 1,509.67. In contrast, the Nomu parallel market rose by 194.91 points, or 0.63%, closing at 31,234.44, with 43 stocks up and 46 down.

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Top Performers

  • Buruj Cooperative Insurance Co. surged 9.95% to SR22.54.
  • United International Holding Co. increased by 7.97% to SR187.
  • Gulf General Cooperative Insurance Co. gained 4.38% to SR11.44.

Decliners

  • Fawaz Abdulaziz Alhokair Co. fell 5.56% to SR14.60.
  • Jamjoom Pharmaceuticals Factory Co. dropped 4.05% to SR156.20.
  • Middle East Specialized Cables Co. decreased by 3.50% to SR42.70.

On the Nomu market, Multi Business Group Co. led gains with a 13.64% rise to SR18.50, while Al-Razi Medical Co. saw the largest drop, declining 10.58% to SR60.

Nofoth Food Products Co. announced plans to move from Nomu to the main market, pending approval. Estidamah Capital will advise on this transition. The company’s shares dipped 0.68% to SR20.46.

Tags: Market DeclinersNomu marketSaudi Stock MarketTadawul IndexTop Performers
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