Closing Bell: Saudi main index steady at 11,051

RIYADH: Saudi Arabia’s Tadawul All Share Index held steady on Monday, as it shed just 1.48 points or 0.01 percent to close at 11,051.13. The total trading turnover of the benchmark index stood at SR3.96 billion ($1.06 billion), with 98 of the listed stocks advancing and 152 declining. The Kingdom’s parallel market Nomu, however, dropped 44.15 points or 0.18 percent to close at 23,905.87. The MSCI Tadawul Index edged up by 0.16 percent to 1,440. The best-performing stock on the main market was Allied Cooperative Insurance Group, as its share price increased by 9.95 percent to SR10.72.