On October 17, 2024, the Saudi Stock Exchange (Tadawul) experienced a downturn, with its main index (TASI) closing lower by 131.24 points, settling at 11,907.43 points by the end of the trading day. The total value of traded shares on the main market reached SAR 7 billion, reflecting a high level of activity despite the market's decline.
In contrast, the Saudi Parallel Market Index (NOMU) showed positive momentum, gaining 227.15 points to close at 26,205.65 points. The total value of shares traded on the parallel market amounted to SAR 112 million, with a total of 9 million shares changing hands throughout the day.
The mixed performance of the two indices underscores the diverse dynamics in the Saudi markets, with NOMU continuing to show growth even as the main index faced a downturn. Both markets continue to attract significant trading volumes, highlighting the ongoing activity and interest within the kingdom's financial sector.