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Namaa Index Up 0.32% with 29.15M Riyals

Namaa Index Up 0.32% with 29.15M Riyals

The Saudi Parallel Market Index (Nomu) closed on Tuesday with an increase of 0.32%, adding 67.8 points to reach 21,583.55 points. The total trading value amounted to 29.15 million Saudi riyals, trading 2.94 million shares. The market saw more gainers than losers, led by the Nauf Company which surged by 17.77% to close at 8.22 riyals, and luxury stocks which rose by 14.52% to reach 7.10 riyals. There were strong gains in Kair’s stock, up 14.29%, and Muscat’s stock, increasing by 11.03%. On the other hand, the biggest losses were recorded by Taqat’s stock, which declined by 10.11%, and Asas Maken’s stock, which dropped by 9.00%. Leading the trading activity was the Edarat group with nearly 8.41 million riyals, followed by Qimam Saudi Arabia with 3.49 million riyals. There was notable activity in the Future Riyada stock, which topped the volume traded with 0.6 million shares.

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