NomuC closes 2024 up 28%, trading value rises 74%
Nomu trading screen
The Parallel Market Capped Index (NomuC) closed 2024 up by 28%, or 6,947 points, to 31,476 points, compared to 24,529 points in 2023.
Trading of shares listed on the Nomu-Parallel Market is limited to categories of qualified investors in accordance with the Parallel Market Listing Rules.
In 2024, Nomu witnessed the transition of three companies, namely, Shatirah House Restaurant Co. (BURGERIZZR), Jahez International Company for Information System Technology and Banan Real Estate Co. to the main market after fulfilling the regulatory requirements.
Last year also saw the listing of 30 companies on Nomu through initial public offerings (IPOs) and three others by direct listing.
Performance of Nomu-Parallel Market Since Launch
Year |
Open (points) |
Close (points) |
Change (points) |
Change (%) |
2017 |
5000* |
3140 |
(1,860) |
(37%) |
2018 |
3140 |
2521 |
(619) |
(20%) |
2019 |
2521 |
7440 |
4,919+ |
+195% |
2020** |
7179 |
26245 |
19,066+ |
+266% |
2021 |
26245 |
25976 |
(269) |
(1%) |
2022 |
25976 |
19417 |
(6,559) |
(25%) |
2023 |
19417 |
24529 |
+5,112 |
+26% |
2024 |
24529 |
31476 |
6947+ |
+28% |
**NomuC open and close
The Index Monthly Performance
NomuC index recorded a positive performance in eight months. Meanwhile, the gauge reported a negative performance in four months.
NomuC Monthly Performance in 2024 |
|||
Month |
Close |
Change (points) |
Monthly Change |
January |
24987 |
+458 |
+2% |
February |
26403 |
+1416 |
+6% |
March |
26030 |
(373) |
(1%) |
April* |
26336 |
+306 |
+1% |
May |
26611 |
+275 |
+1% |
June* |
26146 |
(465) |
(2%) |
July |
26651 |
+505 |
+2% |
August |
26161 |
(490) |
(2%) |
September |
25443 |
(718) |
(3%) |
October |
27225 |
+1782 |
+7% |
November |
30395 |
+3170 |
+12% |
December |
31476 |
+1081 |
+4% |
NomuC recorded a combined trading value of SAR 14.13 billion in 2024, a 74% rise from SAR 8.1 billion in 2023.
NomuC Trading Values in 2024 (SAR mln) |
||||
Month |
2023 |
2024 |
Average Daily Trading Value (ADTV) |
Change |
January |
419.1 |
644.1 |
28.0 |
54 % |
February |
713.0 |
759.6 |
38.0 |
7 % |
March |
656.2 |
1924.3 |
91.6 |
193 % |
April* |
420.6 |
1021.3 |
60.1 |
143 % |
May |
825.2 |
772.9 |
35.1 |
(6%) |
June* |
666.4 |
904.5 |
56.5 |
36 % |
July |
876.2 |
931.2 |
40.5 |
6 % |
August |
952.8 |
1088.1 |
51.8 |
14 % |
September |
826.4 |
962.1 |
45.8 |
16 % |
October |
615.1 |
1429.1 |
62.1 |
132 % |
November |
440.8 |
2123.3 |
106.2 |
382 % |
December |
658.3 |
1564.3 |
68.0 |
138 % |
Total |
8070.2 |
14125.0 |
56.5 |
75 % |
*Holidays
The index hit its intra-year high of 31,696 points on Dec. 11, while its highest close was recorded on Dec. 10 at 31,558 points, which was NomuC’s highest-ever close.
The index intra-year low was at 24,141 points on Jan. 1, and its intra-year steepest close was at 24,453 points on Oct. 9.
The benchmark’s largest daily rise was on Nov. 5 at 769 points, while the largest daily decline was seen on March 31 at 593 points.
The highest daily trading value in 2024 was recorded on March 26, at about SAR 656.6 million, while the lowest trading value was on Jan. 14 at SAR 14.1 million.
NomuC Performance Details in 2024 |
|||
Period |
Performance |
Date |
Notes |
Highest Level (Points) |
31696 |
Dec. 11 |
-- |
Lowest Level (Points) |
24141 |
Jan. 1 |
-- |
Highest Close (Points) |
31558 |
Dec. 10 |
Highest since launch |
Lowest Close (Points) |
24453 |
Oct. 9 |
-- |
Intraday High (Points) |
769+ |
Nov. 5 |
-- |
Intraday Low (Points) |
(593) |
March 31 |
-- |
Highest Trading Value (SAR mln) |
656.6 |
March 26 |
Includes negotiated deals worth SAR 599.1 mln |
Lowest Trading Value (SAR mln) |
14.1 |
Jan. 14 |
-- |
Prices of 47 stocks increased in 2024, while 28 stocks declined.
EDARAT was the top performer in 2024 at 265%, followed by Saudi Azm 221%.
Performance of Companies with Positive Performance in 2024* |
|||
Company |
2023 (SAR) |
2024 (SAR) |
Change |
EDARAT |
188.58 |
687.80 |
+265% |
Saudi Azm |
10.90 |
35.00 |
+221% |
Balady |
133.00 |
392.40 |
+195% |
Knowledge Tower |
6.90 |
20.06 |
+191% |
AME |
50.20 |
126.60 |
+152% |
SURE |
39.40 |
93.50 |
+137% |
GAS |
7.40 |
17.24 |
+133% |
TADWEEER |
4.05 |
8.48 |
+109% |
Dar Almarkaba |
44.00 |
79.20 |
+80% |
Armah |
49.00 |
87.70 |
+79% |
NGDC |
41.80 |
68.70 |
+64% |
United Mining |
25.00 |
41.00 |
+64% |
NOFOTH |
11.37 |
18.24 |
+60% |
MOBI |
10.28 |
15.30 |
+49% |
Raoom Trading |
117.40 |
173.40 |
+48% |
Tam Development |
131.00 |
189.00 |
+44% |
Al Rashid Industrial |
31.65 |
45.10 |
+43% |
Academy of Learning |
6.33 |
9.00 |
+42% |
Riyadh Steel |
1.68 |
2.35 |
+40% |
Lana |
32.00 |
44.40 |
+39% |
Meanwhile, Horizon Food was the worst performer, declining 42%, followed by Ladun (40%).
Performance of Companies with Negative Performance in 2024* |
|||
Company |
2023 (SAR) |
2024 (SAR) |
Change |
Horizon Food |
66.00 |
38.00 |
(42%) |
Ladun |
6.00 |
3.61 |
(40%) |
Mayar |
5.19 |
3.35 |
(35%) |
Molan Steel |
5.69 |
3.95 |
(31%) |
Future Care |
14.86 |
10.34 |
(30%) |
NBM |
295.00 |
208.00 |
(29%) |
Alhasoob |
82.20 |
61.00 |
(26%) |
Ghida Al-Sultan |
64.90 |
49.00 |
(25%) |
Munawla |
85.80 |
67.90 |
(21%) |
Fad |
107.80 |
89.00 |
(17%) |
Rawasi Albina |
5.31 |
4.42 |
(17%) |
Leen Alkhair |
28.25 |
23.80 |
(16%) |
KnowledgeNet |
36.00 |
30.60 |
(15%) |
Fesh Fash |
17.40 |
15.18 |
(13%) |
Obeikan Glass |
55.00 |
48.00 |
(13%) |
Aljouf Mineral Water |
29.50 |
27.00 |
(8%) |
Saudi Parts Center |
66.00 |
60.80 |
(8%) |
Al Naqool |
52.40 |
48.45 |
(8%) |
Lime Industries |
14.00 |
13.00 |
(7%) |
Foods Gate |
62.00 |
58.00 |
(6%) |
*Changes in Capital were taken into consideration
Performance of Listed REITs
Performance of Listed REITs in 2024 |
|||
REIT |
2023 (SAR) |
2024 (SAR) |
Change |
Alwaha REIT Fund |
12.50 |
11.98 |
(4%) |
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