23 Hrs
Source:
الوئام
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Tasi closes lower at 10,749 points
The Saudi Stock Exchange "TASI" ended its daily trading session with a decline of 28.43 points, settling at 10,749.51 points. Total trading value amounted to approximately 2.6 billion riyals, with 148 million shares traded. The market movement was affected by the decline in the shares of 219 companies, compared to gains in 45 companies. The performance of shares varied, with increases ranging between 5.78% and 9.01%, led by companies such as Sinomi Retail, Nofuod, and Entaj. Meanwhile, companies like Musharaka Mutakamilah, Lodon, and Al-Ittihad experienced significant declines. On the other hand, the Parallel Market "NOMU" rose by about 114.83 points to approximately 21,512.76 points, with a liquidity of 24 million riyals and the trading of over 3.5 million shares. The Saudi market continues to trend towards strong growth, with an expected increase of up to 6.1% by 2027, despite recent declines in oil prices and the US dollar.
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