SAUDI ARABIA

Saudi stocks regain some ground

August 24, 2020



RIYADH — The Saudi stock index has regained much of its ground lost at the start of the coronavirus pandemic on March 11. Saudi shares have now compensated for all the losses they suffered during the pandemic period.

The Saudi stock market index closed Monday's session, up by 0.70%, gaining 55.45 points and closing at 7957.38 points, with total trading value exceeding SR7.96 billion.

The number of shares traded exceeded 360 million, shared by over 300,000 transactions, in which the shares of 128 companies registered an increase in their value, while the shares of 56 companies closed lower.

Saudi Aramco's share declined by 0.15% to SR34.1, with daily total transactions amounting to about SR178 million.

The Saudi Parallel Stock Index (Nomu) also closed Sunday, up 442.66 points, to close at 8792.15 points, with trading amounting to SR17 million, and the number of shares traded exceeded 300,000, shared by 995 transactions. — Okaz


August 24, 2020
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