TASI adds 45pts, Nomu drops at Tuesdays close

TASI’s trading volume stood at 104.96 million shares, up from 96.13 million on Monday, while the main market’s traded value fell to SAR 2.48 billion, against SAR 2.77 billion.

The media, pharmaceuticals, materials, banking, and telecommunication services sectors levelled up 5.6%, 3%, 0.8%, 0.3%, and 0.3%, respectively.

On the flipside, the food and staples retailing sector inched down 0.2%, while the commercial and professional services sector shed 0.04%.

Ash-Sharqiyah Development’s stock led gainers after jumping 9.96%, whereas the stock of Bawan Company’s stock was the worst performer after falling 2.2%.

Alinma Bank’s stock was the most active after 12.7 million shares were exchanged, generating a turnover of SAR 262.69 million.

In the meantime, the benchmark index of the Nomu secondary market, NOMU, went down 39.69 points, or 1.7%, to 2,355.14 points, registering its third decline in a row.

Nomu’s trading volume reached 90,860 shares, up from 56,420 in the session before, while its turnover soared to SAR 2.51 million versus SAR 990,940.

Development Works Food Co’s (DWF) stock led Nomu’s losers with 11.3%, followed by Al Omran Industrial and Trading Company’s stock with 2.4%.

DWF’s stock generating the highest liquidity with SAR 1.58 million, while Raydan Co’s stock was the most active in terms of traded volume after 38,680 shares were exchanged.