• Parallel market deals rise 31%

    02/01/2019

    ​*Ahmed Al-Rasheed from Riyadh

     

    The parallel market fell 0.15% to close at 2517 points, losing three points.

    Trading values rose 59 percent to 68 million riyals to reach 1.8 million riyals, at a rate of seven thousand riyals per transaction.

    Traded shares rose 12 per cent by 11 thousand to reach 111 thousand shares, and the turnover rate was 0.67 per cent.

    Market transactions rose 62 deals to reach 263 deals with a 31 per cent growth.

     

    The rise was led by "Al -Omran" that rose to a maximum of 24 riyals at 20 riyals, followed by
    "Arab Sea" by 7.80 per cent to close at SAR 13.26, and "Abo-Moati" by 0.16% to close at 12.28 riyals.

     

    The decline was led by "Al-Kathiri" by 4.76 percent to close at 56 riyals, followed by "Al-Samani" by 3.34 per cent to close at 39.05 riyals, and "Raydan" by 2.89 per cent to close at 14.80 riyals.

     

    The highest turnovers were "Raydan" with a value of 535 thousand riyals, followed by "Arab Sea" with a value 513 thousand riyals, and "Baazeem" with a value of 200 thousand riyals.​

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