Riyadh, November 29, 2024 – The Saudi Stock Exchange (Tadawul) concluded trading on a positive note today, with the main index showing a strong performance. The Tadawul All Share Index (TASI) gained 50.52 points, closing at 11,641.31 points. This upward movement reflects a continued sense of optimism among investors in the Saudi market.
The total trading value for the day reached an impressive SAR 5.9 billion, indicating active participation in the market. A total of 33 million shares were exchanged, further highlighting the robust trading volume. The market saw widespread interest across various sectors, contributing to the overall positive sentiment.
The Saudi Parallel Market Index (NOMU) also experienced notable gains, rising by 229.98 points to close at 30,394.70 points. The NOMU market, known for listing smaller and growing companies, recorded a total trading value of SAR 81 million, underlining investor confidence in emerging businesses within the kingdom’s economy.
These positive results come amid a broader trend of stability and growth within the Saudi financial markets, with increased investor activity signaling a strong outlook for the Kingdom's economy. Both TASI and NOMU's performances reflect a growing optimism in Saudi Arabia's financial landscape, driven by continued economic diversification and investor confidence in local markets.