RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Monday, losing 32.93 points, or 0.28 percent, to close at 11,697.04. The total trading turnover of the benchmark index was SR8.6 billion ($2.3 billion), as 115 of the listed stocks advanced while 109 retreated. The Kingdom’s parallel market Nomu dropped 47.75 points, or 0.18 percent, to close at 26,777.87. This comes as 21 of the listed stocks advanced while as many as 33 retreated. Similarly, the MSCI Tadawul Index also dropped 5.07 points, or 0.34 percent, to close at 1,470.61. TASI’s best-performing stock of the day was Miahona Co. The company’s share price surged 9.93 percent to SR23.46. Other top performers include Etihad Atheeb Telecommunication Co. as well as Jazan Development and Investment Co., whose share prices soared by 7.88 percent and 6.92 percent to stand at SR91.70 and SR15.46, respectively. Additional top performers include Salama Cooperative Insurance Co. and Electrical Industries Co. The worst performer was Fawaz Abdulaziz Alhokair Co., whose share price dropped by 5.99 percent to SR8.32. Other firms to see a drop were Mouwasat Medical Services Co. as well as ACWA Power Co., whose share prices dropped by 3.69 percent and 3.56 percent to stand at SR120.20 and SR351.80, respectively. Additional falling performers include Theeb Rent a Car Co. and Dr. Sulaiman Al Habib Medical Services Group. In Nomu, Osool and Bakheet Investment Co. was the top gainer, with its share price rising by 16.80 percent to SR60.50. Other strong performers in Nomu were Mohammed Hadi Al Rasheed and Partners Co. as well as Al Mohafaza Co. for Education, whose share prices soared by 7.58 percent and 6.50 percent to stand at SR35.50 and SR20, respectively. Other top gainers include Future Care Trading Co. and Saudi Lime Industries Co. Mulkia Investment Co. was the major faller on Nomu, as its share price dropped 9.80 percent to SR31.30. The share prices of Alwasail Industrial Co. as well as Lana Medical Co. also fell by 4.68 percent and 4.47 percent to stand at SR2.65 and SR33.10, respectively. Other major losers include Saudi Top for Trading Co. and Jahez International Co. for Information System Technology.
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