Unlike UAE stock markets on Thursday, Tadawul shows varied performance while EGX falls

Unlike UAE stock markets on Thursday, Tadawul shows varied performance while EGX falls

Mubasher: The Saudi Exchange (Tadawul) closed Thursday’s session with a mixed performance, while the Egyptian stock market showed a downward performance for all its indices. This is unlike the UAE stock markets which ended the session in the green zone.

The main market’s All Share Index (TASI) of Tadawul declined by 193.02 points (1.65%) at the end of Thursday, closing at 11,503.49 points.

A total of 416.05 million shares were traded at a turnover worth SAR 13.13 billion. Meanwhile, the utility sector was the top decliner with a plunge of 8.28%, while the financial services segment led the gainers with 0.13%.

The Mediterranean and Gulf Insurance and Reinsurance Company (MedGulf) was the top riser with 7.66%.

ACWA Power Company led the fallers with 9.98% in addition to acquiring the largest turnover of SAR 2.81 billion.

Anaam International Holding Group was the most active stock on which 77.21 million shares were exchanged.

On the other hand, the Parallel Market Capped Index (NomuC) rose by 307.64 points (1.17%) to 26,610.57 points.

Mohammed Hadi Al Rasheed and Partners Company advanced the risers with 12.58%, while the newly listed Miral Dental Clinics Company led the fallers with 8.89%.

Egyptian Exchange

The indices of the Egyptian Exchange (EGX) closed Thursday in the red