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Ayda Salem

Saudi Stock Exchange Ends Trading Lower


Riyadh, October 9, 2024 - The Saudi Stock Exchange, also known as Tadawul, concluded today's trading session on a downward trend, with its main index, TASI (Tadawul All Share Index), shedding 99.84 points, ultimately closing at 11,927.33 points. This decline reflects a cautious sentiment among investors, contributing to a subdued market performance.


The total value of shares exchanged during the session amounted to SAR 7.3 billion, indicating moderate trading activity compared to previous days. Investors traded over 4 million shares, signaling a day of tempered enthusiasm in the stock market as it struggled to find upward momentum.


Meanwhile, the Saudi Parallel Market Index, known as NOMU, also faced losses today. The index dropped by 90.21 points, finishing the day at 24,453.14 points. The trading volume on NOMU reached SAR 36 million, reflecting a quieter day for this segment of the market as well.


Overall, both the main index and the parallel market saw declines, reflecting broader uncertainties and a cautious approach from market participants.

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