RIYADH: Saudi Arabia’s Tadawul All Share Index experienced a rise on Thursday, gaining 42.57 points, or 0.36 percent, to close at 11,931.92. This marks the highest close since October 2022.
The total trading turnover of the benchmark index was SR7.19 billion ($1.91 billion) as 123 of the listed stocks advanced, while 91 retreated.
Similarly, the Kingdom’s parallel market Nomu also rose 231.09 points, or 0.96 percent, to close at 24,223.63. This comes as 37 of the listed stocks advanced, while 21 retreated.
Meanwhile, the MSCI Tadawul Index rose 5.10 points, or 0.33 percent, to close at 1,543.06.
The best-performing stock of the day was Maharah Human Resources Co. The company’s share price surged 4.83 percent to SR78.20.
Other top performers included Allianz Saudi Fransi Cooperative Insurance Co. as well as National Agricultural Development Co.
The worst performer was Al-Baha Investment and Development Co. whose share price…