Saudi stocks fall following a decline in major market players: Closing bell

The Tadawul All-Share Index lost 0.77 percent to finish at 12,099 (Shutterstock)
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Updated 05 September 2022
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Saudi stocks fall following a decline in major market players: Closing bell

RIYADH: The Saudi stock market ended Monday’s session lower, sparked by a decline in shares of a number of major players in the market. 

The Tadawul All-Share Index lost 0.77 percent to finish at 12,099, while the parallel Nomu declined 1.69 percent at 21,274.

Saudi Tadawul Group Holding Co., owner of the Kingdom’s bourse, led the fallers with a 5.43 percent decline.

Saudi oil giant Aramco shed 0.4 percent, while Rabigh Refining and Petrochemical Co. lost 2.10 percent.

The Saudi National Bank, the country’s biggest lender, saw its share price decline by 1.90 percent

Al Rajhi, the Kingdom’s largest valued bank, slipped 0.79 percent, while the Saudi British Bank fell 0.76 percent.

Riyadh Cement Co. lost 1.39 percent, after reporting a decline of 47 percent in profit to SR85 million ($23 million) in the first half of the year.

Group Five Pipe Saudi Co. slid 7.09 percent, after turning into losses of SR19 million in the first half of 2022.

Saudi Automotive Services Co. shed 0.74 percent, following its board’s decision to pay cash dividends of SR0.50 per share in the first half of 2022.


Closing Bell: Saudi main index closes in green at 11,382 

Updated 27 January 2026
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Closing Bell: Saudi main index closes in green at 11,382 

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Tuesday, gaining 111.21 points, or 0.99 percent, to close at 11,381.83. 

The total trading turnover of the benchmark index was SR6.37 billion ($1.70 billion), as 204 of the listed stocks advanced, while 56 retreated. 

The MSCI Tadawul Index also rose, adding 13.85 points, or 0.91 percent, to close at 1,533.33. 

The Kingdom’s parallel market Nomu gained 8.39 points, or 0.04 percent, to close at 23,749.38. This came as 30 of the listed stocks advanced, while 45 retreated. 

The best-performing stock was East Pipes Integrated Co. for Industry, with its share price surging 9.94 percent to SR146. 

Other top performers included Tourism Enterprise Co., which saw its share price rise by 9.93 percent to SR14.17, and Thob Al Aseel Co., which saw a 7.84 percent increase to SR3.99. 

On the downside, Saudi Arabian Mining Co. was among the weaker performers, with its share price falling 2.64 percent to SR77.40. 

Saudi Paper Manufacturing Co. saw its shares fall 2.54 percent to SR57.50, while Yamama Cement Co. declined 2.07 percent to SR27.40. 

On the announcements front, Future Vision for Health Training Co. signed a two-year cooperation agreement with King Saud University aimed at strengthening links between academia and professional readiness. 

According to a Tadawul statement, the partnership focuses on the joint development and execution of specialized training programs for university students, aiming to enhance their practical skills and employability. 

The initiative includes coordinated efforts in training design, academic supervision, and program evaluation, with the goal of better preparing graduates for the labor market. 

The agreement, which is renewable by mutual consent, is expected to start generating a positive financial impact in the second half of 2026. The company said no related parties are involved in the deal. 

The company’s share price closed at SR7.30 on Nomu, marking a 1.39 percent decrease.