Tadawul All Share Index Rises 0.78 Percent Amid Corporate Announcements
1 report, 1 independent
Updated Sun 00:00
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What happened
The Tadawul All Share Index rose on Sunday, gaining 0.78 percent to close at 10,681.84. The total trading turnover for the benchmark index was SR2.48 billion ($661 million). Separately, the parallel market Nomu gained 0.08 percent, while the MSCI Tadawul Index gained 1.04 percent.
From arabnews.com
Why it matters
The market activity was accompanied by corporate news, as WSM for Information Technology Co. announced its intention to launch a public sukuk offering. This offering will be available to both retail and institutional investors on the public Sukuk and Bonds Market.
From arabnews.com
Who's involved
- Saudi ArabiaCountry hosting the Tadawul stock exchange and the market where the sukuk offering will take place.