Saudi Lawazem closes $1.3m seed round led by Merak Capital
Follow-ups -eshrag News:
As of the closing bell, the Saudi main index, TASI, closed 0.37 percent higher at 13,255, while the parallel market, Nomu, slid 0.30 percent, to reach 24,142.
Shares in National Agricultural Development Co., also known as NADEC, rallied almost 9.97 percent to lead the gainers.
ACWA POWER led the fallers since the opening bell, declining 9.99 percent.
Among the other gainers, SAICO rose 8.23 percent, while Dallah Healthcare Co. gained 7.78 percent.
Saudi Aramco’s trading remained intact, with no ups or downs from Tuesday.
In the banking sector, Alinma Bank climbed 3.72 percent, while the Kingdom’s largest valued bank, Al Rajhi, slid 0.25 percent.
As for Saudi pharma operators, Nahdi Medical Co. climbed 1.53 percent, while Aldawaa Medical Services Co. fell 2.36 percent.
In the food and beverages sector, Almarai Co. had climbed 1.94 percent at the closing bell.
Energy prices have continued to rise. Brent crude reached $107.78 a barrel, and US benchmark West Texas Intermediate hit $103.38 a barrel, as of 3:45 p.m. Saudi time.
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