https://arab.news/2k4sd
- MSCI Tadawul Index decreased by 1.27 points, or 0.08%, to close at 1,510.55
- Parallel market Nomu slipped, losing 177.69 points, or 0.685, to close at 25,768.51
RIYADH: 抖阴短视频鈥檚 Tadawul All Share Index dipped on Thursday, losing 28.65 points, or 0.24 percent, to close at 12,099.49.
The total trading turnover of the benchmark index was SR7.67 billion ($2.04 billion), as 66 of the listed stocks advanced, while 158 retreated.
The MSCI Tadawul Index decreased by 1.27 points, or 0.08 percent, to close at 1,510.55.
The Kingdom鈥檚 parallel market Nomu slipped, losing 177.69 points, or 0.68 percent, to close at 25,768.51. This comes as 34 of the listed stocks advanced, while 35 retreated.
The best-performing stock of the day was Fawaz Abdulaziz Alhokair Co., with its share price surging by 9.96 percent to SR11.04.
Other top performers included Saudi Industrial Export Co. and Al-Baha Investment and Development Co., with share prices rising by 9.88 percent to SR2.78 and 7.14 percent to SR0.15.
Miahona Co. and Saudi Fisheries Co. also recorded positive trajectories today, with share prices rising by 3.85 percent to SR31.05 and 2.75 percent to SR25.05.
The worst performer of the day was Wataniya Insurance Co., whose share price fell by 4.92 percent to SR30.90.
Red Sea International Co. and Astra Industrial Group also saw significant declines, with their shares dropping by 4.53 percent and 3.87 percent to SR43.25 and SR159, respectively.
Other worst performers included Saudi Reinsurance Co. and Bawan Co., with share prices dropping by 3.84 percent to SR36.35 and 3.81 percent to SR39.15.
NOMU鈥檚 leading performers were Natural Gas Distribution Co., Leen Alkhair Trading Co., and Paper Home Co., with share price increases of 9.73 percent, 7.62 percent, and 7.43 percent, bringing their values to SR47.95, SR24, and SR217, respectively.
Other top performers included Amwaj International Co. and Qomel Co.
The parallel market鈥檚 top three worst performers were:
- Alhasoob Co., with its share price dropping by 7.69 percent to reach SR48.
- Taqat Mineral Trading Co., with its share price dipping by 4.17 percent, reaching SR11.50.
- Alwasail Industrial Co., with its share price decreasing by 4.13 percent to settle at SR2.09.
On the announcement front, Riyad Capital, acting as the sole financial advisor, bookrunner, lead manager, and underwriter, has announced that Fourth Milling Co. is planning to move forward with an initial public offering and list its shares on the main market of the Saudi Exchange.
According to a Tadawul statement, the offering will involve the sale of 30 percent of the company鈥檚 existing shares.
The Saudi Exchange approved the company鈥檚 listing application on June 11, and the Capital Market Authority authorized the IPO of 162 million ordinary shares, representing 30 percent of the company鈥檚 share capital, on June 26.
The final share price for subscribers will be set following the book-building process, as added in the statement.