https://arab.news/5r2eu
- Parallel market Nomu gained 9.64 points, or 0.03%, to close at 29,477.35
- MSCI Tadawul Index also gained 4.49 points, or 0.30%, to close at 1,485.85
RIYADH: 抖阴短视频鈥檚 Tadawul All Share Index rose on Sunday, gaining 20.80 points, or 0.18 percent, to close at 11,811.98.
The total trading turnover of the benchmark index was SR4.22 billion ($1.12 billion), as 115 of the stocks advanced and 116 retreated.
The Kingdom鈥檚 parallel market Nomu gained 9.64 points, or 0.03 percent, to close at 29,477.35, with 41 listed stocks advancing and 41 declining.
The MSCI Tadawul Index also gained 4.49 points, or 0.30 percent, to close at 1,485.85.
The best-performing stock of the day was The Mediterranean and Gulf Insurance and Reinsurance Co., whose share price rose 9.96 percent to SR20.98.
Other top performers included Saudi Reinsurance Co. and Thimar Development Holding Co., with their share prices increasing by 6.89 percent to SR38.80, and 6.04 percent to SR43.90, respectively.
The share prices of Saudi Cable Co. and The Co. for Cooperative Insurance also surged by 5.39 percent and 5.08 percent to SR97.70 and SR132.40, respectively.
The worst performer was Arriyadh Development Co., whose share price dropped by 5.27 percent to SR26.05.
Other notable decliners included Alistithmar AREIC Diversified REIT Fund and Red Sea International Co., whose share prices fell by 3.68 percent to SR9.43, and 3.34 percent to SR66.50, respectively.
Zamil Industrial Investment Co. and The National Co. for Glass Industries also saw declines, with their share prices falling by 3.33 percent to SR26.15, and 3.14 percent to SR49.40, respectively.
On the announcements front, Amwaj International Co. disclosed its board of directors鈥� recommendation to distribute SR6 million in cash dividends to shareholders for the fiscal year ending Dec. 31.
According to a statement on Tadawul, the dividends will cover 6 million eligible shares, with a payout of SR1 per share, representing 10 percent of the share鈥檚 par value.
Amwaj International Co. concluded the trading session at SR42, marking an impressive 18.57 percent increase.
Arab Sea Information Systems Co. announced updates regarding its project with the Al-Madinah Region Development Authority for managed IT services.
The company was notified of the decision to cancel the competition due to procedural violations identified following a grievance by a competitor, according to a filing on Tadawul.
The grievance was filed before the award decision or in opposition to it and the company clarified that no costs are associated with the development.
Arab Sea Information Systems Co. closed the session at SR7.13, down 0.84 percent.