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Namaa Index Edges Up Amid Market Fluctuations
The Saudi Parallel Market Index (Nomu) closed today with a modest increase of 0.08%, equivalent to 16.97 points, ending at 21,549.21 points. The market recorded trades valued at 16.77 million riyals through 2.52 million shares, with the prices of 27 companies rising, 31 companies declining, and 66 remaining stable. Among the rising stocks, Al-Watania for Construction and Marketing led with a rise of 14.55%, closing at 50.4 riyals, followed by Taqa’s stock with a 10.00% increase. Conversely, the stocks of Wajd, Al-Hayat, Etmam, and Tar Al-Murakkaba experienced the largest declines. The highest trading volume was seen in the share of Al-Fakhura, which maintained its price, while Dar Al-Murakkaba topped the list of most traded quantities.
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