Riyadh, January 13, 2025 – The Saudi Stock Exchange (Tadawul) experienced a positive performance today, with the main index showing significant gains. The benchmark Tadawul All Share Index (TASI) closed higher, up by 29.22 points, finishing the trading session at 12,126.97 points. This uptick in the index reflects investor confidence and a favorable market sentiment as it continues to build on recent positive trends in the Saudi financial markets.
The total trading value for the day reached a substantial SAR 4.2 billion, with the volume of shares traded exceeding three million. This level of activity indicates a strong participation from investors, further highlighting the robust nature of the market despite global economic uncertainties. The performance of the main index reflects a combination of positive investor sentiment and strong fundamentals in the Saudi economy.
Meanwhile, the Saudi Parallel Market Index (NOMU), which tracks smaller and emerging companies, also saw gains today. The NOMU index rose by 12.14 points, closing at 31,039.53 points. The value of trading in the Parallel Market amounted to SAR 52 million, reflecting continued interest in growth stocks and opportunities within the smaller market segment.
The overall trading session showcased a healthy market dynamic, characterized by active participation and an upward trajectory in key indices. The growth in both the main and parallel markets is seen as a positive indicator of investor confidence in the ongoing development of the Kingdom’s capital markets. As the Saudi economy continues to diversify and expand, such market performance is expected to bolster Saudi Arabia's position as a key regional economic hub, attracting both local and international investors.