Saudi Arabia’s Tadawul share index closed lower on November 8, even as advancing stocks outnumbered decliners. The index lost 0.78 per cent to 10,016.92 points on turnover of 2.74 billion riyals. A total of 140 stocks rose and 119 fell, while Naseej and Middle East Healthcare posted gains close to 10 per cent.
Saudi Arabia’s main stock index, Tadawul All Share, ended the November 8 session at 10,016.92 points. It fell 0.78 per cent, with trading worth 2.74 billion riyals. The benchmark’s decline came during a session in which the number of shares gaining value exceeded the number losing value. Across the main market, 140 stocks advanced and 119 declined.[1], [2]
Naseej International Trading led the gainers with an increase of 10 per cent to 11.44 riyals. The healthcare company Middle East Healthcare rose 9.98 per cent to 25.24 riyals. Consolidated Grunenfelder Saady Holding gained 9.93 per cent and ended the session at 7.42 riyals.[1]
The parallel market, Nomu, gained 0.38 per cent to 21,741.82 points, with 40 stocks rising and 20 falling. Among main-market decliners, Filing and Packing Materials Manufacturing lost 6.55 per cent to 36.50 riyals. Specialized Medical fell 4.87 per cent to 12.50 riyals, and Raydan Food dropped 4.77 per cent to 14.56 riyals.[1]
