Banking, energy shares push TASI up by 13.66 points

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Updated 04 October 2021
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Banking, energy shares push TASI up by 13.66 points

RIYADH: Saudi Arabia’s Tadawul All Share Index ended Monday’s session in the green zone increasing by 13.66 points or 0.12 percent.

A rise in banking and energy shares led by Saudi Aramco saw the market close at 11,467 points.

Traded liquidity amounted to SR8.3 billion, focused on the shares of Al-Rajhi Bank, and Solutions. 

A total of 198 million shares changed hands in 359.6 thousand deals.

The parallel market index Nomu dipped by 39.15 points or 0.17 percent closing at 23,647.5 points on Monday.

Nomu's liquidity amounted to about SR37.3 million, with 323.8 shares were traded, in 1,446 deals. 

Shares of Al-Rajhi Bank rose 1.6 percent, which closed at the highest level since April 2006, while the Saudi National Bank, which rose 2.4 percent.

Saudi Aramco’s stock rose by about 1 percent, to close the stock at its highest level since September 2020. The oil giant said on Monday it would release its Q3 results at the end of this month.

Forty-six companies rose on Monday, led by Red Sea shares, by 5 percent; Sidc shares 3.8 percent, while the shares of SABIC, and Mesc rose by 3.5 percent.

Shares of 147 companies declined led by Najran Cement which was down 4.25 percent, and Solutions by 4 percent in its third session in the market. Maaden shares also fell by 4 percent.


Closing Bell: Saudi equities continue 4-day upward trend 

Updated 14 January 2026
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Closing Bell: Saudi equities continue 4-day upward trend 

RIYADH: Saudi equities closed higher on Wednesday, with the Tadawul All Share Index rising 51.52 points, or 0.47 percent, to finish at 10,945.15. 

Trading activity was robust, with 373.9 million shares exchanged and total turnover reaching SR6.81 billion. 

The MT30 Index also ended the session in positive territory, advancing 11.93 points, or 0.82 percent, to 1,472.82, while the Nomu Parallel Market Index declined 116.82 points, or 0.49 percent, to 23,551.47, reflecting continued volatility in the parallel market.

The main market saw 90 gainers against 171 decliners, indicating selective buying. 

On the upside, Al Kathiri Holding Co. led gainers, closing at SR2.18, up SR0.12, or 5.83 percent. Wafrah for Industry and Development Co. advanced to SR23, gaining SR0.99, or 4.5 percent, while Al Ramz Real Estate Co. rose 4.35 percent to close at SR60.

SABIC Agri-Nutrients Co. added 4.21 percent to SR118.70, and Al Jouf Agricultural Development Co. climbed 4.12 percent to SR45. 

Meanwhile, losses were led by Saudi Industrial Export Co., which fell 9.73 percent to SR2.69. United Cooperative Assurance Co. declined 5.08 percent to SR3.74, while Thimar Development Holding Co. dropped 4.54 percent to SR35.30.  

Abdullah Saad Mohammed Abo Moati for Bookstores Co. retreated 4.15 percent to SR48.50, and Gulf Union Alahlia Cooperative Insurance Co. slipped 3.96 percent to SR10.44. 

On the announcement front, Saudi National Bank announced its intention to issue US dollar-denominated Additional Tier 1 capital notes under its existing international capital programe, with the final size and terms to be determined subject to market conditions and regulatory approvals.  

The planned issuance aims to strengthen Tier 1 capital and support the bank’s broader financial and strategic objectives.  

The stock closed at SR42.70, gaining SR0.70, or 1.67 percent, reflecting positive investor reaction to the capital management move. 

Separately, Almasane Alkobra Mining Co. said its board approved the establishment of a wholly owned simplified joint stock company to provide drilling, exploration and related support services, with a share capital of SR100 million and headquarters in Najran, subject to regulatory approvals.  

The new subsidiary aligns with the company’s strategy to enhance operational efficiency and expand its role in the Kingdom’s mining sector.

Shares of Almasane Alkobra Mining closed at SR98.70, up SR0.30, or 0.3 percent, by the end of the session.