By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Home
  • Gulf News
    • Saudi Arabia
    • UAE24/7
    • Kuwait
    • Qatar
    • Bahrain
    • Oman
  • World
  • Business
    • Market DataLive
    • Finance
    • Economy
    • Energy
    • Crypto
    • ForexHot
    • Tech
  • Sports
  • Lifestyle
  • Videos
Search
Countries
  • Saudi Arabia
  • UAE
  • Kuwait
  • Qatar
  • Bahrain
  • Oman
More Topics
  • Technology
  • Health
  • Entertainment
  • Crypto
  • Forex
  • Stocks
Site Links
  • Business Hub
  • Trending
  • Weather
  • Customize Interests
  • Bookmarks
  • Newsletter
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Reading: Saudi Stock Exchange Ends the Day with Gains
Share
Notification Show More
Latest News
The Myriad Redefines Student Living for a Mobile, Urban Generation
UAE
L’Oréal Paris Welcomes Yasmine Sabri as New Brand Ambassador for the Middle East
Lifestyle
Roland Garros 2025: A New Era of Viewing, A Tribute to Legends, and Moments to Remember
Sports World
Bitget Celebrates Bitcoin Pizza Day by Distributing Over 5000 Pizzas in Over 20 Cities Worldwide
Crypto
Bitget Protection Fund Maintains Strength with $561 Million Average Value in April 2025
Business Crypto
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • World
  • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Videos
Search
  • Home
    • Videos
    • Business Hub
    • Trending
  • Gulf
    • Saudi Arabia
    • UAE
    • Kuwait
    • Qatar
    • Bahrain
    • Oman
  • Business
    • Market Data
    • Crypto
    • Economy
    • Energy
    • Finance
    • Forex
    • Tech
  • More News
    • World
    • Lifestyle
    • Entertainment
    • Sports
Have an existing account? Sign In
Follow US
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Gulf Press > Gulf > Saudi Stock Exchange Ends the Day with Gains
Gulf

Saudi Stock Exchange Ends the Day with Gains

News Room
Last updated: 2025/01/01 at 3:26 PM
News Room
Share
3 Min Read
SHARE

The Saudi Stock Exchange saw a positive day on Wednesday as the main index ticked up by 40.81 points to close at 12,077.31 points. A total of 240 million shares were traded with a total trading value of SAR 3.3 billion. This market movement was reflected in the shares of 152 companies rising, while those of 71 declined. The Saudi Parallel Market Index (NOMU) showed a different trend, going down by 481.86 points to close at 30,993.86. The trading value on the NOMU was SAR 52 million, with a total of three million shares traded.

The positive movement in the Saudi Stock Exchange main index indicates a good performance by the listed companies on that particular day. With 152 companies seeing their shares rise, it shows that investors were optimistic about the market conditions and were willing to buy these stocks. This could be due to various factors such as strong financial performance, positive industry trends, or overall market sentiment.

On the other hand, the decline in the shares of 71 companies does not necessarily indicate a negative market outlook. Stock prices are influenced by a variety of factors, including company-specific news, economic indicators, and global events. It is important for investors to conduct thorough research and analysis before making investment decisions to understand the reasons behind stock price movements.

The Saudi Parallel Market Index (NOMU) showed a different trend on Wednesday, with a significant decline of 481.86 points. The NOMU is a secondary market in Saudi Arabia catering to smaller companies and startups. The decline in the NOMU index could be a reflection of the performance of these smaller companies, which may have been affected by different factors compared to the main market.

Despite the decline in the NOMU index, it is important to note that market movements are natural and can be influenced by a variety of factors. Investors should not panic or make hasty decisions based on short-term fluctuations in stock prices. It is crucial to have a long-term investment strategy and to regularly review and adjust your portfolio based on changing market conditions.

Overall, the positive movement in the Saudi Stock Exchange main index on Wednesday indicates a sense of stability and confidence in the market. Investors should continue to monitor market developments, conduct proper research, and seek advice from financial experts to make informed investment decisions. Stock markets are subject to volatility, and it is important to have a disciplined approach to investing to navigate through the ups and downs of the market.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room January 1, 2025
Share this Article
Facebook Twitter Copy Link Print
Previous Article Qatar Olympic Committee Reveals 2025 Sports Events Schedule
Next Article HBKU Press releases book titled ‘Qatar Through My Eyes: History, People, and Sovereigns’
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

The Myriad Redefines Student Living for a Mobile, Urban Generation
UAE May 27, 2025
L’Oréal Paris Welcomes Yasmine Sabri as New Brand Ambassador for the Middle East
Lifestyle May 23, 2025
Roland Garros 2025: A New Era of Viewing, A Tribute to Legends, and Moments to Remember
Sports World May 22, 2025
Bitget Celebrates Bitcoin Pizza Day by Distributing Over 5000 Pizzas in Over 20 Cities Worldwide
Crypto May 22, 2025

You Might also Like

UAE

The Myriad Redefines Student Living for a Mobile, Urban Generation

May 27, 2025
GulfUAE

Senkron Digital Showcases CyberPact Service at GISEC Global 2025

May 12, 2025
BusinessGulfUAE

Muhammad Umair Saeed: The Billionaire Tech Architect Powering AI, Drones, Blockchain & Cybersecurity from Dubai to the World

May 10, 2025
GulfSports

TOD Partners with Skyworth’s QVWi to Launch 4K Streaming Set-Top Box in MENA

May 1, 2025
GulfUAE

Your Next Destination in Dubai: Mövenpick Hotel Apartments Downtown Dubai – The Perfect Choice for Your Stay

April 23, 2025
GulfUAE

Nexus Developer Announces the Launch of ‘Estrella’ to Set New Standards in Boutique Luxury Living in Majan, Dubai

April 23, 2025
GulfUAE

Moscow City Tourism Committee Brings ‘Moscow Tea Time’ to Dubai with 15 Cultural Venues

April 18, 2025
GulfUAE

Wassim Elassaad Inspires Innovation at Gratuso and Waz & Co-Management Consultancy

April 16, 2025
//

Gulf Press is your one-stop website for the latest news and updates about Arabian Gulf and the world, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of ue
  • Advertise
  • Contact

How Topics

  • Gulf News
  • International
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

I have read and agree to the terms & conditions
Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?