https://arab.news/w968t
- Parallel market Nomu slipped 1.12% to close at 25,642.38
- MSCI Tadawul Index gained 1.92 points to reach 1,383.42
RIYADH: ºÚÁÏÉçÇøâ€™s benchmark Tadawul All Share Index ended little changed on Tuesday, shedding 3.12 points, or 0.03 percent, to close at 10,667.44.
The total trading turnover for the benchmark stood at SR4.32 billion ($1.15 billion), with 66 stocks advancing and 186 declining.
The parallel market Nomu slipped 1.12 percent, or 290.85 points, to close at 25,642.38, while the MSCI Tadawul Index gained 1.92 points to reach 1,383.42.
The day’s top performer was Saudi Pharmaceutical Industries and Medical Appliances Corp., which rose 3.49 percent to SR27.30. Tamkeen Human Resource Co. gained 1.98 percent to SR56.75, and Al Kathiri Holding Co. climbed 1.90 percent to SR2.14.
On the downside, Naseej International Trading Co. dropped 6.28 percent to SR92.60, while Marketing Home Group for Trading Co., which debuted on the main market Tuesday, slipped 4.94 percent to SR80.80.
On the announcements front, the Arab National Bank said it launched its dollar-denominated additional Tier 1 sukuk offering on Sept. 2, which will run through Sept. 3.
In a statement on Tadawul, the bank said the minimum subscription limit is $200,000, with increments of $1,000 thereafter. The final issuance size and terms will be determined based on market conditions.
ANB added that the sukuk will be listed on the London Stock Exchange’s International Securities Market and will be offered under Regulation S of the US Securities Act of 1933, as amended. The bank also said the closing date of the offering remains indicative and subject to market conditions.
Shares of ANB closed 0.74 percent lower at SR22.93.