TASI Starts the Week 1st Session, up, Gaining 0.3%

The Saudi stock index TASI finished the first session of the week up 30.18 points, or 0.28%, over the previous day, closing at 10,969.06 points.

The parallel market index Nomu, on the other hand, finished the session with a gain of 391.88 points, or 1.66%, over the previous session, and closed at 23,986.86 points, with 4,314 transactions.

Liquidity related to the TASI, the main index, was over SR19 billion, resulting from the trading of 305.6 million shares through 379.8 thousand deals, with the shares of 142 firms increasing and 53 businesses declining.

Alyo performed 773 special trades on 108.125 million shares of the Saudi Telecom Company at a price of SR100 per share, for a total value of 10.8 billion on the Saudi stock exchange Tadawul.

17 of the 21 market sectors rose, with long-term commodities leading the way with 3.3%, capital goods 3.2%, transportation 2.1%, and investment and finance 2%, while the remaining four sectors fell, led by telecommunications 1.9%, media and entertainment 0.7%, and commercial and professional services 0.5%.

The largest increasing firms were NGDC NOMU (18.4%), ALHASOOB NOMU 13.6%, Al-Omran and Wafra 10%, DWF and NGC 9.9%, and MESC 9.8%.

Top decliners included Sadr 3.5%, National Building and Marketing NOMU 3.3%, STC 2.7%, ALMRAKEZ 2.4%, Al-Ahly Takaful 2.3%, and Enaya 2%.