RIYADH: Saudi Arabia’s Tadawul All Share Index declined 189.34 factors or 1.58 p.c on Wednesday to shut at 11,796.63.
The overall buying and selling turnover of the benchmark index was SR8.6 billion, with 120 shares advancing and 93 retreating.
Equally, the MSCI Tadawul decreased by 31.09 factors, or 1.99 p.c, to shut at 1,530.39.
In distinction, the Kingdom’s parallel market, often known as Nomu, noticed a rise of 210.5 factors, closing at 24,986.68.
The most effective-performing inventory of the day on the principle market was Al-Munajem Meals Co., whose share value surged 9.96 p.c to SR86.1.
Saudi Paper Manufacturing Co. and Al-Yamamah Metal Industries, additionally fared nicely with their share costs growing 5.98 p.c and 4.79 p.c, to SR49.6 and SR 30.65, respectively.
The worst performer in the marketplace was Ades Holding Co., whose share value dropped 9.93 p.c to shut at SR19.96.
Arabian Drilling and Al-Baha Funding Growth Co., additionally didn’t carry out nicely as their share costs dropped by 9.59 p.c and seven.14 p.c to face at SR167.8 and SR0.13, respectively.
In the meantime, the constructive efficiency of the parallel market was pushed by the Nationwide Environmental Recycling Co., whose inventory soared 15.96 p.c to shut at SR10.9.
Different prime performers included Saudi Azm for Communication and Info Expertise Co. and Tam Growth Co., whose share costs noticed a rise of 10.17 p.c and 6.25 p.c to face at SR13 and SR170, respectively.
Notable developments available in the market included Saudi Automotive Providers and Tools Co. recording its highest value since itemizing.
The inventory, which is listed throughout the retail and distribution of luxurious items sector, closed at SR79.2 on Wednesday.
Different developments included Saudi Tadawul asserting the cancelation of the Saudi Electrical energy Co. sukuks itemizing.
On Jan. 25, the corporate introduced the total redemption of the sukuk listed on the Saudi Tadawul, amounting to SR4.5 billion.
