Riyadh, December 09, 2024 – The Saudi Stock Exchange (Tadawul) experienced a strong finish today, with the main index closing higher. The benchmark index gained 142.16 points, reaching a closing value of 12,097.40 points. This marks a positive day for the Saudi stock market, which saw an overall increase in investor confidence and market activity.
The total value of trading for the day amounted to SAR 6.8 billion, reflecting robust participation across various sectors. Investors responded positively to market conditions, contributing to the upward movement of the index.
In addition to the main market, the Saudi Parallel Market Index (NOMU) also saw impressive gains. NOMU increased by 287.58 points, closing at 31,502.85 points. The trading volume in NOMU reached a value of SAR 66 million, underscoring continued interest in this secondary market, which typically includes smaller, high-growth companies.
Overall, the total number of shares traded across both the main exchange and NOMU exceeded 7 million, signaling a healthy level of market activity. This strong performance is reflective of the broader positive sentiment in the Saudi economy, with investors remaining optimistic about growth prospects in both established and emerging sectors.
As the Saudi stock market continues to develop in line with the country's Vision 2030 goals, today’s performance further highlights the Kingdom’s growing financial market infrastructure and the confidence that both domestic and international investors have in its economic future.