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After rising for 4 consecutive days, Saudi Arabia’s Tadawul All Share Index ended the week in inexperienced, because it gained 24.31 factors, or 0.21 p.c, to shut at 11,397.14.
The full buying and selling turnover of the benchmark index hit SR7.14 billion ($1.90 billion), as 113 shares superior, whereas 94 retracted.
Whereas parallel market Nomu gained 368.10 factors to shut at 21,849.68, MSCI Tadawul Index elevated 0.16 p.c to finish the day at 1,509.41.
The highest-performing inventory on Thursday was Arabian Contracting Companies Co., whose share worth went up 7.5 p.c to SR154.80.
HIGHLIGHTS
The full buying and selling turnover of the benchmark index hit SR7.14 billion ($1.90 billion), as 113 shares superior, whereas 94 retracted on Thursday.
The worst performer of the day was Leejam Sports activities Co., whose share worth dipped by 4.2 p.c.
Etihad Atheeb Telecommunication Co. and Astra Industrial Group have been high performers, whose share costs soared by 5.63 p.c and 5.18 p.c, respectively.
The worst performer of the day was Leejam Sports activities Co., whose share worth dipped by 4.2 p.c.
On the bulletins entrance, Saudi Arabian Mining Co. mentioned its shareholders permitted the board’s advice to extend capital by 50 p.c by means of a bonus share distribution.
Based on a Tadawul assertion, the mining large will distribute one share for each two shares held, thus capitalizing SR12.31 billion from the statutory reserve and retained earnings. The corporate’s share worth went down by 0.69 p.c to SR43.85.
In the meantime, Nationwide Medical Care Co., also called Care, introduced that it had signed a share buy settlement to amass the complete share capital of Jiwar Medical Companies Co.
In an announcement to Tadawul, Care famous that the acquisition deal was made after acquiring all approvals from competent authorities. The corporate’s share worth dropped by 2.36 p.c to SR116.
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