Thob Al-Aseel largest weighted on Nomu in Q1

08/04/2018 Argaam Special

 

Thob Al-Aseel Co. maintained its leading position on the list of the largest weighted stocks on the Nomu Parallel Market by the end of Q1 2018 with 58.93 percent, data compiled by Argaam showed.

 

Based on Tadawul's updated free-float report, Raydan Restaurants and Cuisines came in second with 16.60 percent, followed by Baazeem Trading Co.  (10.76 percent).

 

Development Works for Food and Al-Samaani Factory for Metal Industries tailed the list, seeing their weights at 0.002 percent each.

 

Companies by Weight on Nomu

Weight on the index

Closing price as of April 5, 2018 (SAR)

Company

Ranking

58.93%

59.00

Al Aseel

1

16.60%

14.19

Raydan

2

10.76%

23.91

Baazeem

3

7.13%

11.88

Abo Moati

4

3.57%

11.90

Arab Sea

5

1.99%

16.00

Al Omran

6

1.02%

26.77

Al Kathiri

7

0.002%

64.30

Food Development

8

0.002%

67.00

Al Samaani

9

 
Free float shares of Raydan Restaurants jumped 40.60 percent on a quarterly basis to 70.60 percent in the first quarter.
 

Top-Performing Free Float Shares %

Variation

Q1 2017

Q1 2018

Company

+40.60%

30.00 %

70.60 %

Raydan

+20.89%

19.86 %

40.75 %

Arab Sea

+16.00%

20.00 %

36.00 %

Food Development

+13.19%

37.75 %

50.94 %

Abu Moati

+11.30%

49.04 %

60.34 %

Baazeem

+9.60%

20.00 %

29.60 %

Al Samaani

+8.08 %

20.00 %

28.08 %

Al Omran

 

However, free float shares of Al Kathiri Holding dropped 11.19 percent quarter-on-quarter to 27.61 percent in the same period.

 

Worst-performing Free Float Shares %

Variation

Q1 2017

Q1 2018

Company

(11.19%)

27.61%

16.42%

Al Kathiri

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