Saudi stocks are close to breaking the 10,000-point barrier


Saudi stocks are close to breaking the 10,000-point barrier

Wednesday – 25 Shaaban 1442 AH – April 07, 2021 AD Issue No. [

Riyadh: «Asharq Al-Awsat»

The main Saudi stock market yesterday continued its rush to break the standard 10,000-point barrier in the absence of it for 6 and a half years, to close the index yesterday, 24.14 points higher and close at 9988.98 points, with trades amounting to 11 billion riyals ($ 2.9 billion).
The number of shares traded reached more than 390 million shares, shared by more than 435,000 deals, in which the shares of 76 companies recorded an increase in their value, while the shares of 108 companies closed lower.
On the other hand, the Saudi Parallel Stock Index (Nomu) closed yesterday, down 878.27 points, to close at 23279.35 points, with trades amounting to 25 million riyals ($ 6.6 million), and the number of traded shares reached 215,000 shares shared by 824 deals.
In addition, the Saudi Stock Exchange Company (Tadawul) announced yesterday the trading dates during the blessed month of Ramadan, explaining that they will remain unchanged, specifying the opening auction for the main and parallel stock markets from 9:30 to 10 am, and the post-trading session from 3.10 to 10 4 pm. The Saudi Stock Exchange stated that the blessed Eid al-Fitr holiday begins at the end of Monday, May 10, before it resumes on the 17th of the same month.


Saudi economy


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