Closing Bell: Saudi benchmark index ends the week in green at 11,915 

Saudi Stock Exchange (Tadawul) sign is seen at their headquarters in Riyadh. File/AFP
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Updated 15 August 2024
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Closing Bell: Saudi benchmark index ends the week in green at 11,915 

  • MSCI Tadawul Index increased by 4.49 points, or 0.30%, to close at 1,486.48
  • Parallel market Nomu surged by 226.04 points, or 0.89%, to close at 25,760.93

RIYADH: Saudi Arabia’s Tadawul All Share Index ended the week by gaining 65.37 points, or 0.55 percent, to close at 11,915.02. 

The total trading turnover of the benchmark index was SR6.82 billion ($1.81 billion), as 170 stocks advanced, while 51 retreated on Thursday. 

The MSCI Tadawul Index increased by 4.49 points, or 0.30 percent, to close at 1,486.48.

The Kingdom’s parallel market Nomu surged by 226.04 points, or 0.89 percent, to close at 25,760.93. This comes as 47 stocks advanced, while as many as 24 retreated.

The best-performing stock of the day was Fawaz Abdulaziz Alhokair Co., with its share price surging 9.92 percent to SR10.42.

Other top performers included Saudi Automotive Services Co. and Red Sea International Co., with share prices rising by 9.91 percent to SR69.90 and 9.87 percent to SR29.50, respectively. 

The worst performer of the day was Al Taiseer Group Talco Industrial Co., with its share price falling by 1.73 percent to SR56.90.

Saudi Research and Media Group and Rasan Information Technology Co. also saw significant declines, with their shares dropping by 1.61 percent each to SR245 and SR55.10, respectively. 

CHUBB Arabia Cooperative Insurance Co. and Yamama Cement Co. suffered losses, with share prices decreasing by 1.53 percent to SR32.15 and 1.47 percent to SR30.20, respectively.

On the parallel market, the top performers were Mohammed Hadi Al Rasheed and Partners Co. and Leaf Global Environmental Services Co., with their share prices surging by 16.92 percent to SR76 and 10 percent to SR55, respectively.

Nomu’s worst performers included National Environmental Recycling Co. and Fad International Co., whose share prices dropped by 6.25 percent to SR12 and 5.95 percent to SR87, respectively.


Closing Bell: Saudi main index rises to close at 11,251 

Updated 12 February 2026
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Closing Bell: Saudi main index rises to close at 11,251 

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Thursday, gaining 84.27 points, or 0.75 percent, to close at 11,251.81. 

The total trading turnover of the benchmark index was SR5.38 billion ($1.43 billion), as 188 of the stocks advanced and 67 retreated.    

Similarly, the Kingdom’s parallel market Nomu gained 157.22 points, or 0.67 percent, to close at 23,643.74. This comes as 44 of the stocks advanced while 32 retreated.    

The MSCI Tadawul Index gained 10.88 points, or 0.72 percent, to close at 1,517.43.     

The best-performing stock of the day was Saudi Kayan Petrochemical Co., whose share price surged 9.96 percent to SR5.30.   

Other top performers included Ataa Educational Co., whose share price rose 9.94 percent to SR57.50, as well as Rabigh Refining and Petrochemical Co., whose share price surged 5.74 percent to SR7.55. 

Saudia Dairy and Foodstuff Co. recorded the most significant drop, falling 5.93 percent to SR220.50. 

Abdullah Saad Mohammed Abo Moati for Bookstores Co. also saw its stock prices fall 2.77 percent to SR43.56. 

Zahrat Al Waha for Trading Co. also saw its stock prices decline 2.30 percent to SR2.55. 

On the announcement front, Multi Business Group Co. reported its annual financial results for the year ended Dec. 31. According to a Tadawul statement, the firm recorded a net profit of SR352,172 during the year, down 98 percent from the previous year. 

The company attributed the decline primarily to a 2 percent drop in building contracting revenues and a 73 percent decrease in gross profit.  

Multi Business Group Co. ended the session at SR9.90, down 1 percent. 

Hamad Mohammed Bin Saedan Real Estate Co. announced the signing of a memorandum of understanding with Saudi Awwal Bank to enhance collaboration in financing solutions, advance real estate development projects, and expand access to customer financing programs. 

Hamad Mohammed Bin Saedan Real Estate Co. ended the session at SR6.67, up 1.21 percent.