Friday, 2 May 2025

Losing the new year euphoria, stock exchange turns bearish

TASI Goes down, slipping to 11,430.51 pts, NOMU, in assertive mood, rises

TASI, the main index of Tadawul stock exchange ended the trading, down, dropping 22.27 points, to end the session, at 11,430.51, with transactions worth as much as SR05.2 billion.

The volume of traded shares was 142 million, shared by more than 260 thousand deals, in which as many as 108 companies were advancers against 82 decliners.

Meanwhile, the spread between the highest and lowest quotations has, widely shrunk, reducing the gap, as it ranged from 04.57% down to 04.14%.

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For its part, the Saudi parallel market index NOMU, kept parting ways with the main, closing higher as it gained 265.71 points to close, at 25,617.77 points, with transactions worth SR167 million, and a volume of traded stocks, at 580 thousand, shared by as many as 5,117 deals.

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