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Saudi main index slips to close at 12,796

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Saudi Arabia’s Tadawul All Share Index slipped on Sunday, losing 39.56 points, or 0.31 percent, to close at 12,796.09.

The total trading turnover of the benchmark index was SR6.58 billion ($1.75 billion) as 82 stocks advanced, while 138 retreated.

The Kingdom’s parallel market, Nomu, also dipped 521.88 points, or 1.91 percent, to close at 26,840.41. This comes as 30 stocks advanced, while as many as 27 retreated.

Meanwhile, the MSCI Tadawul Index slipped 4.59 points, or 0.28 percent, to close at 1,612.58.

The best-performing stock of the day was Saudi Cable Co. The company’s share price surged 9.99 percent to SR76.00.—AN

 

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