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Namaa index falls 0.99% with 19M riyals liquidity
The Saudi Parallel Market Index (Nomu) declined by 0.99%, closing at 21,967.64 points. Trading volume amounted to approximately 19.29 million riyals, spread over more than 4 million shares. The declines were concentrated in leading stocks such as Talaat and International, which dropped by 22.86% and 20%, respectively. On the other hand, stocks like Bromedix experienced notable gains, increasing by 8.69%. During the session, the market was influenced by selling pressure and profit-taking, and the absence of significant disclosures led to sharp declines in certain stocks. Overall, trading movements continued to be directly linked to the forces of supply and demand.
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