The Tadawul All Share Index in Saudi Arabia experienced a slight dip, decreasing by 0.06% to close at 12,362.39. Trading turnover reached SR7.62 billion, with 109 stocks rising and 122 declining.
The Nomu parallel market fell by 317 points, closing at 31,000.87. Meanwhile, the MSCI Tadawul Index decreased by 0.26% to 1,545.02.
Naseej International Trading Co. led the main market with a 9.96% increase, reaching SR108.20. It, along with Saudi Cable Co. and Middle East Specialized Cables Co., hit their highest levels in a year. Saudi Cable Co. saw a 103.58% rise since March, reaching SR128, while Middle East Specialized Cables Co. increased from SR21.28 in January 2024 to SR47.2.
Other top gainers included Jahez International Co. for Information System Technology and Middle East Healthcare Co., with rises of 6.09% and 4.75%, respectively. National Medical Care Co. and Al Jouf Cement Co. also saw increases of over 4%.
Elm Co. had the largest drop on the main market, falling 4.03% to SR1,176.2. United International Transportation Co. and Etihad Atheeb Telecommunication Co. followed with declines of 2.72% and 2.66%.
On Nomu, Armah Sports Co. excelled with a 7.34% increase to SR95. Quara Finance Co. and Arabian Food and Dairy Factories Co. also performed well, rising by 5.26% and 2.99% respectively.
In contrast, WSM for Information Technology Co. faced the steepest decline on Nomu, dropping 6.33% to SR53.3. Saudi Parts Center Co. and First Avenue for Real Estate Development Co. also saw decreases of over 6%.