Closing Bell: Saudi Main Index Steady at 11,277; Nomu Edges Up
The Tadawul All Share Index Declined Slightly While Nomu Gains Points.
Riyadh - Saudi Arabia's Tadawul All Share Index remained steady on Thursday, experiencing a minor decline of 0.01 percent or 0.82 points, ending at 11,276.91.
The trading turnover for the benchmark index amounted to SR4.96 billion ($1.32 billion), with 128 stocks advancing and 120 declining in value.The parallel market Nomu saw an increase of 31.28 points, reaching a closing value of 27,479.50.
Additionally, the MSCI Tadawul Index decreased marginally by 0.02 points to settle at 1,445.23.SHL Finance Co. emerged as the best-performing stock on the main market with its share price rising by 9.95 percent to SR19.33.
Fawaz Abdulaziz Alhokair Co., also known as Cenomi Retail, experienced a 5.8 percent increase in its share value reaching SR31.38.
Sustained Infrastructure Holding Co.'s stock price also surged by 4.24 percent to SR35.44.Conversely, Umm Al Qura for Development and Construction Co. observed a decline of 6.14 percent in its share price, falling to SR25.06.In terms of announcements, Anmat Technology for Trading Co. secured a contract worth SR50 million from Etihad Etisalat, also known as Mobily, for the supply and installation of power generator systems and a fuel monitoring system.
The contract is effective starting from June 26, with an expected duration until May 17, 2028.
Following this development, Anmat's share price listed on Nomu surged by 10.19 percent to SR12.33.Furthermore, International Human Resources Co. announced the signing of a framework agreement with the Arab National Bank for the provision of human resources services.
The contract is valid for 12 months and can be extended for similar periods unless either party provides notice at least 30 days prior to expiration.
As a result, International Human Resources Co.'s share price increased by 2.83 percent to SR6.17.
The trading turnover for the benchmark index amounted to SR4.96 billion ($1.32 billion), with 128 stocks advancing and 120 declining in value.The parallel market Nomu saw an increase of 31.28 points, reaching a closing value of 27,479.50.
Additionally, the MSCI Tadawul Index decreased marginally by 0.02 points to settle at 1,445.23.SHL Finance Co. emerged as the best-performing stock on the main market with its share price rising by 9.95 percent to SR19.33.
Fawaz Abdulaziz Alhokair Co., also known as Cenomi Retail, experienced a 5.8 percent increase in its share value reaching SR31.38.
Sustained Infrastructure Holding Co.'s stock price also surged by 4.24 percent to SR35.44.Conversely, Umm Al Qura for Development and Construction Co. observed a decline of 6.14 percent in its share price, falling to SR25.06.In terms of announcements, Anmat Technology for Trading Co. secured a contract worth SR50 million from Etihad Etisalat, also known as Mobily, for the supply and installation of power generator systems and a fuel monitoring system.
The contract is effective starting from June 26, with an expected duration until May 17, 2028.
Following this development, Anmat's share price listed on Nomu surged by 10.19 percent to SR12.33.Furthermore, International Human Resources Co. announced the signing of a framework agreement with the Arab National Bank for the provision of human resources services.
The contract is valid for 12 months and can be extended for similar periods unless either party provides notice at least 30 days prior to expiration.
As a result, International Human Resources Co.'s share price increased by 2.83 percent to SR6.17.
