RIYADH: The Tadawul All Share Index for Saudi Arabia increased on Sunday, closing at 11,771.69 after gaining 104.57 points, or 0.90 percent. With 162 equities rising and 61 falling, the benchmark index saw a total trading turnover of SR5.09 billion ($1.35 billion). Nomu, the parallel market for the Kingdom, closed at 25,521.34, down 293.95 points, or 1.14 percent. This occurs as 39 stocks declined and 28 stocks increased.
The best-performing stock of the day was Thimar Development Holding Co., whose share price increased by 9.97 percent to SR40.80. Al-Babtain Power and Telecommunication Co. and Fawaz Abdulaziz Alhokair Co. were two other noteworthy winners.
Baazeem Trading Co. was the worst performer, with a 9.05 percent decline in share price to SR6.53. Wafrah for Industry and Development Co. and Al Moammar Information Systems Co. were two other noteworthy decliners.
Fawaz Abdulaziz Alhokair Co., popularly known as Cenomi Retail, released its interim financial results for the quarter on June 30.
A Tadawul statement states that the company’s first half-year net loss was SR67.6 million, down from a net profit of SR113.8 million during the same period the previous year.
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