Tadawul edges down 0.2%; Al Rajhi shares rise

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RIYADH: The Tadawul All Share Index was down 25 points on Sunday, or 0.2 percent, closing at 11,566 points.

A total of 205.6 million shares changed hands in 343,000 deals, with heavy trading in shares of Al Rajhi Bank.

Its shares rose by 2.9 percent, which is the seventh session of gains, to record the stock’s highest closing since April 2006.

SABIC, which was up 1.3 percent, and Saudi Kayan also traded heavily, with traded liquidity amounting to SR7.5 billion.

The biggest decliners were Banque Saudi Fransi by 2 percent, SABB Bank by 1.9 percent, and STC Bank by 1.3 percent.

A total of SR35 million of stocks were traded on the parallel Nomu market index, which was down by 554.04 points, closing at 23,010.91 points.

Twenty-seven companies’ shares were up today led by Chemanol, which rose 3.2 percent after the company announced Q3 profits of SR74.1 million.

The shares of Saudi Ceramics, Al Hammadi , Yansab, as well as National Gypsum rose by 2 percent.

Shares of 172 companies fell, led by Naseej by 9.7 percent, and Saudi Fisheries by 6.1 percent.