Closing Bell: Saudi main index rises to close at 10,956

Total trading turnover of the benchmark index reached SR3.46 billion ($924 million), with 145 stocks advancing and 97 declining. File
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Updated 27 July 2025
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Closing Bell: Saudi main index rises to close at 10,956

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Sunday, gaining 10.42 points, or 0.10 percent, to close at 10,956.22.

Total trading turnover of the benchmark index reached SR3.46 billion ($924 million), with 145 stocks advancing and 97 declining.

Similarly, the Kingdom’s parallel market Nomu climbed 92.76 points, or 0.34 percent, to close at 26,991.01, as 47 stocks advanced while 39 retreated.

The MSCI Tadawul Index also posted gains, adding 1.89 points, or 0.13 percent, to finish at 1,409.96.

The top performer of the day was Tourism Enterprise Co., with its share price surging 9.91 percent to close at SR1.22.

Other notable gainers included BAAN Holding Group Co., which rose 9.63 percent to SR2.39, and Raydan Food Co., which advanced 6.67 percent to SR14.24.

On the downside, Buruj Cooperative Insurance Co. recorded the biggest loss, falling 4.11 percent to SR18.20. 

Fawaz Abdulaziz Alhokair Co. dropped 3.03 percent to SR29.46, while Saudia Dairy and Foodstuff Co. declined 2.84 percent to SR266.40.

In corporate disclosures, the National Agricultural Development Co. reported its consolidated financial results for the six-month period ending June 30. According to a Tadawul statement, the company posted a net profit of SR218.6 million, up 2.5 percent year on year. 

The increase was attributed to higher revenue and treasury income, along with changes in cost of sales, selling and marketing expenses, impairment losses, financing costs, and other income and expenses.

NADEC shares ended the session at SR21.02, down 0.81 percent.

Meanwhile, Yanbu National Petrochemical Co. announced a net profit of SR58.2 million for the first half of the year, marking an 82 percent year-on-year decline.

The drop was primarily due to lower average selling prices across all products and higher input costs, despite increased sales volumes and stable operational performance.

Yanbu shares rose 2.88 percent, closing at SR29.42.

Sabic Agri-Nutrients Co. also released its interim financial results, reporting a net profit of SR2.04 billion for the first half of the year, reflecting a 32.2 percent increase compared to the same period last year. 

The growth was driven by a 22 percent rise in sales, along with an increase in share of results from associates and joint ventures.

However, the rise was partially offset by higher costs of goods sold, mainly due to increased feedstock prices.

SABIC Agri-Nutrients Co. shares closed at SR117, up 2.15 percent.


Saudi Arabia’s construction costs see 1% annual rise in November: GASTAT 

Updated 22 December 2025
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Saudi Arabia’s construction costs see 1% annual rise in November: GASTAT 

RIYADH: Saudi Arabia’s construction costs rose at a steady pace in November, signaling resilience in the sector as the Kingdom continues to manage rising labor and energy expenses. 

The Construction Cost Index climbed to 101.75 points in November, up 1 percent from a year earlier and broadly unchanged from October, according to data from the General Authority for Statistics. 

The steady momentum in Saudi Arabia’s construction sector aligns with a broader trend across the Gulf Cooperation Council, as regional economies push to diversify away from hydrocarbons. 

In July, real estate consultancy Knight Frank said Saudi Arabia’s construction output value is expected to reach $191 billion by 2029, representing a 29.05 percent increase from 2024, driven by residential development, ongoing giga-projects and rising demand for office space. 

In its latest report, GASTAT stated: “The CCI recorded a 1 percent increase in November 2025, maintaining the same growth rate observed in October 2025. This increase is mainly attributed to a 1 percent rise in construction costs for the residential sector and a 1 percent rise in construction costs for the non-residential sector.” 

In the residential sector, labor costs rose 1.5 percent year on year in November, while equipment and machinery rental costs increased 1.3 percent over the same period. 

Energy prices recorded a sharp increase of 9.9 percent compared with November 2024. 

Basic material costs edged up 0.2 percent, driven by a 1.4 percent rise in cement and concrete prices and a 1.1 percent increase in raw material costs. 

In the non-residential sector, the Construction Cost Index increased 1 percent year on year in November, mainly due to a 1.2 percent rise in equipment and machinery rental costs. 

Labor costs increased 1.1 percent, while energy prices continued their upward trend, rising 9.9 percent over the year. 

Basic material costs rose 0.3 percent, reflecting a 2.5 percent increase in wood and carpentry prices and a 1.4 percent rise in raw material costs. 

The Construction Cost Index tracks changes in construction input costs across 51 items, with prices collected monthly from 13 regions through field surveys of contractors, engineering offices and construction material suppliers. The base year is 2023, and the index is published monthly.