Namaa index falls 0.99% amid 19m riyals liquidity

The Saudi Parallel Market Index (Nomu) decreased by 0.99%, closing at 21,967.64 points. Trading volumes amounted to approximately 19.29 million riyals through more than 4 million shares. The losses were concentrated in leading companies' stocks, such as Taqat, which declined by 22.86%, and Al Alami, which dropped by 20%. On the other hand, some stocks experienced gains, such as Bromedix, up by 8.69%, and Al Munif, increasing by 7.84%. These declines came after a lack of major disclosures, with the market's movement mainly driven by supply and demand forces and profit-taking.

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