Closing Bell

Closing Bell: Saudi Arabia’s TASI falls 0.74% to close at 10,284
  • Saudi Arabia’s Tadawul All Share Index closed down 76.78 points, or 0.74 percent, at 10,283.96 on Monday.
  • Trading volume reached approximately 196 million shares, valued at over SR3.49 billion ($931 million), with 57 companies gaining and 205 declining.
  • The parallel market Nomu saw a rise of 248.52 points, or 1.15 percent, to close at 21,949.88.
  • Watani Iron Steel Co. was the top gainer, increasing by 9.77 percent, while Saudi Fisheries Co. experienced the largest decline at 4.76 percent.
  • SAL Saudi Logistics Services Co. signed a 36-month agreement with Saudi Post for ground handling services which is expected to positively impact finances starting Q4 of the current year.
  • Saudi Darb Investment Co. confirmed a compensation ruling of SR69.2 million in its favor against former board members remains enforceable.