RIYADH: Saudi Arabia’s Tadawul All Share Index closed at 11,959.67 points on Monday, losing 109.54 points, or 0.91 percent. The MSCI Tadawul 30 Index also fell 13.98 points, or 0.93 percent, to finish at 1,496.69. The parallel market Nomu saw a gain of 321.54 points, or 1.28 percent, to conclude at 25,444.92. The main index posted a trading value of SR7.3 billion ($1.94 billion), with 80 stocks advancing and 140 declining. Nomu reported a trade volume of SR107.6 million. Despite TASI’s slowdown, Etihad Atheeb Telecommunication Co. saw growth in its stock as its share price surged 9.95 percent to SR107.20. Middle East Specialized Cables Co. followed next with its share price jumping 6.28 percent to close at SR43.15. Al Majed Oud Co. was also among the top performers, climbing 5.82 percent to SR167.20. Middle East Healthcare Co. and Al-Etihad Cooperative Insurance Co. increased 4.66 and 4.54 percent to SR71.80 and SR22.58, respectively. Conversely, Al-Baha Investment and Development Co. recorded the most significant dip, declining 7.89 percent to SR0.35. ACWA Power Co. and Abdulmohsen Alhokair Group for Tourism and Development also experienced falls, with their shares dropping to SR441 and SR2.81, reflecting declines of 7.35 and 5.07 percent, respectively. Batic Investments and Logistics Co. and Fawaz Abdulaziz Alhokair Co. also reported losses. Nomu’s performance was bolstered by Shatirah House Restaurant Co., also known as Burgerizzr, which saw a 29.97 percent jump to SR18.82. Fesh Fash Snack Food Production Co. and Amwaj International Co. also recorded notable gains, with their shares closing at SR11.94 and SR45.60, marking an increase of 12.01 and 7.29 percent, respectively. Jahez International Co. for Information System Technology and Mayar Holding Co. also fared well. On Nomu, Mohammed Hadi Al Rasheed and Partners Co. was the worst performer, declining by 10 percent to SR75.60. Other underperformers included WSM for Information Technology Co. and United Mining Industries Co., whose share prices dropped 5.13 percent and 4.71 percent to SR37 and SR32.40, respectively. Yaqeen Capital Co. and Raoom Trading Co. were also among the worst performers. Jarir Marketing Co. announced its financial results for the first nine months of the year recording a SR7.7 billion in sales, a 2.2 percent increase compared to the year before. The company saw a marginal decrease in its net profits, recording SR698 million this year, compared to SR699 million the same period last year, according to a bourse filing. The company’s growth is mainly due to the increase in sales of the smart phones section and the computer and tablets section. The company’s gross profit also increased by 2.5 percent, which is higher than the percentage of increase in sales due to the relative improvement in the profit margin of smart phones as a result of the discounts received from vendors, the company stated. “Although other income increased, but the net profit slightly declined at 0.2 percent, affected by the increase in selling and marketing expenses, general and administrative expenses, and non-operating expenses,” the filing added. Jarir closes its Monday trading session at SR13, a 0.15 percent increase.