Closing Bell: Saudi main index edges down to 11,007; Nomu gains

RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Wednesday, shedding 27.19 points, or 0.25 percent, to close at 11,006.80. The benchmark index recorded a total trading turnover of SR4.99 billion ($1.33 billion), with 158 listed stocks advancing and 98 declining. The Kingdom’s parallel market Nomu gained 57.13 percent, or 0.25 percent, to close at 23,055.81. The MSCI Tadawul Index edged down by 0.58 percent to 1,468.33. The best-performing stock on the main market was Wafrah for Industry and Development Co., whose share price increased by 10 percent to SR21.78.