Riyadh Cement largest weighted on Nomu with 35.3% in Q2 2021, National Building follows with 32.6%

05/07/2021 Argaam Special

Nomu Parallel Market


Riyadh Cement Co. topped the list of the largest weighted stocks on the Nomu Parallel Market with 35.3% by the end of Q2 2021.

 

National Building and Marketing Co. came second with 32.6%, followed by Development Works Food with 10.63%.

 

The following table shows the ranking of the largest weighted stocks according to their closing prices on July 4, 2021:

 

Companies by Weight on Nomu

Ranking

Company

Closing price (SAR)

Weight on the index

1

Riyadh Cement

33.10

35.28%

2

National Building

66.70

32.59%

3

Development Works Food

112.00

10.63%

4

Watani Steel

294.00

7.83%

5

Al-Naqool

177.60

5.24%

6

Sumou Real Estate

267.60

5.11%

7

Fesh Fash

63.50

3.33%

 

Four companies recorded a free-float share gain of 12.5% in Q2 2021, led by National Building.

 

The following table illustrates the companies that recorded free-float share gains by the end of Q2 2021:

 

Companies Recording Increase in Free-Float Shares

Company

Q1 2021

Q2 2021

Variation

National Building

20.05%

32.54%

+12.50%

Watani Steel

26.01%

34.15%

+8.14%

Sumou Real Estate

6.89%

7.56%

+0.67%

Riyadh Cement

55.87%

55.96%

+0.10%

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