Riyadh, October 16, 2024 – The Saudi Stock Exchange (Tadawul) closed on a positive note today, with its main index gaining 37.04 points to finish at 12,038.67 points. This upward movement reflects a continuation of investor confidence in the market, marking a positive day for traders and investors alike. The total value of trading for the day was reported at SAR 7.2 billion, highlighting the substantial activity within the exchange.
The Saudi Parallel Market Index (NOMU), which caters to smaller and growing companies, also saw gains, rising by 59.16 points to close at 25,978.50 points. The total value of trading on NOMU reached SAR 78 million, signaling strong interest in the parallel market as well. Over 8 million shares were traded on the day across both markets, contributing to the vibrancy of the Saudi financial landscape.
These positive market performances demonstrate a resilient and active stock market, with both the main and parallel indices reflecting solid trading volumes. As Saudi Arabia continues to develop its capital markets, such results highlight ongoing confidence in the nation's economic stability and growth potential.