RIYADH: Saudi Arabia’s Tadawul All Share Index closed Thursday down 0.66 percent at 11,382.08, shedding 76.03 points.
The MSCI Tadawul 30 Index also ended lower, falling 0.54 percent to 1,535.56, while the Nomu Parallel Market Index moved against the broader trend, rising 0.23 percent to 23,910.86.
Market breadth was weak on the main market, with 31 gainers against 232 losers, reflecting the session’s negative tone.
Trading activity picked up compared with the previous session. Total volume reached 299.9 million shares, while traded value stood at SR6.91 billion, according to exchange data.
On the gainers’ side, Al Masane Al Kobra Mining Co. rose 6.47 percent to SR116.80. Specialized Medical Co. gained 4.25 percent to SR20.85, while Bank AlJazira added 4.16 percent to SR12.53.
Saudi Cable Co. advanced 3.74 percent to SR169, and Rabigh Refining and Petrochemical Co. climbed 3.48 percent to SR7.13.
Losses were led by Red Sea International Co., which fell 5.32 percent to SR27.06. Saudi Vitrified Clay Pipe Co. declined 5.07 percent to SR22.10, while Consolidated Grunenfelder Saady Holding Co. slipped 5.05 percent to SR9.59.
Saudi Research and Media Group ended down 4.92 percent at SR119.80, and Alkhorayef Water and Power Technologies Co. fell 4.55 percent to SR123.80.
The Saudi Investment Bank announced its annual financial results for the year ended Dec. 31, 2025, reporting a 24.3 percent increase in net profit attributable to shareholders to SR2.43 billion, compared with SR1.96 billion a year earlier.
Shares of the Saudi Investment Bank closed at SR14.10, up 0.65 percent.
Makkah Construction and Development Co. announced that, following its Tadawul disclosure on Dec. 31, 2025, regarding the purchase of a land plot on Ajyad Street in Makkah valued at about SR980 million, it has secured Shariah-compliant bridge financing of SR880 million from Bank AlJazira.
The financing will be used to fund part of the acquisition, with the remaining amount covered through the company’s internal resources.
Shares of Makkah Construction and Development Co. closed at about SR90, down 1.9 percent.
