RIYADH: Saudi stock market index TASI opened 0.64 lower at 11,088 points amid coronavirus worries. The parallel market Nomu rose slightly by 0.46 percent to reach 27,175 points.
Almunajem Foods Co. topped the gainers in early trade, surging more than 9 percent to SR65.5 ($14.45) on its first day trading on TASI.
Al Sagr Insurance and Saudi Industrial Development Co. came next, both up almost 3 percent to SR16.9 and SR22.6, respectively.
National Metal Manufacturing and Casting Co., also known as Maadaniyah, was the biggest faller, declining 3 percent to SR28.4.
Saudi Basic Industries Corp., or SABIC, declined to SR112.6, down nearly 1 percent. The fall weighed on the index with SABIC being the second-highest traded stock in terms of value.
The Kingdom’s Al Rajhi Bank fell to SR139.