Closing Bell: Saudi bourses begin week in green 

The total trading turnover of the benchmark index stood at SR2.32 billion ($620 million), with 95 of the listed stocks advancing and 156 declining. Shutterstock
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Updated 07 December 2025
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Closing Bell: Saudi bourses begin week in green 

RIYADH: Saudi Arabia’s Tadawul All Share Index edged up on Sunday, gaining 5.10 points, or 0.05 percent, to close at 10,631.25. 

The total trading turnover of the benchmark index stood at SR2.32 billion ($620 million), with 95 of the listed stocks advancing and 156 declining. 

The Kingdom’s parallel market Nomu also gained 148.61 points to close at 24,062.44. 

The MSCI Tadawul Index advanced 0.08 percent to 1,394.45. 

The best-performing stock on the main market was Abdullah Saad Mohammed Abo Moati for Bookstores Co., whose share price rose 10 percent to SR47.30. 

The share price of Jahez International Co. for Information System Technology increased 8.32 percent to SR16.80. 

Saudi Azm for Communication and Information Technology Co. also saw its stock price rise 4.87 percent to SR25.40. 

Conversely, the share price of Saudi Industrial Development Co. declined 5.72 percent to SR12.03. 

On the announcements front, Saudi Aramco Base Oil Co., also known as Luberef, said it received a notice from Saudi Arabian Oil Co. regarding a feedstock supply agreement for its Jeddah facility. 

The new supply agreement will replace the existing feedstock supply contract, which is set to expire on Aug. 28, 2026, the company said in a Tadawul statement. 

The statement added that the agreement reflects ongoing collaboration between Saudi Aramco and Luberef to ensure continuity of operations at the Jeddah facility beyond 2026.  
With the continuation of operations at the Jeddah facility, Luberef will maintain its current maximum production capacity of 275,000 tonnes per year of Group I base oils. Upon completion of the Growth-II Project in Yanbu, the firm’s total maximum production capacity will reach 1.53 million tonnes per year. 

The share price of Luberef edged down 0.95 percent to SR93.80. 


Saudi POS spending rises 4.5% to $3.8bn in late February: SAMA

Updated 06 March 2026
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Saudi POS spending rises 4.5% to $3.8bn in late February: SAMA

RIYADH: Saudi Arabia’s point-of-sale spending rose 4.5 percent to SR14.5 billion ($3.8 billion) in the week ending Feb. 28, even as the number of transactions declined.

According to the latest data from the Saudi Central Bank, also known as SAMA, the total number of transactions fell 4.6 percent to 210.53 million during the period.

Freight transport and postal services recorded the largest jump, surging 50.4 percent to SR121.35 million. Apparel and clothing followed with a 44.2 percent gain to SR1.9 billion. 

Personal care transactions grew 21.7 percent, while books and stationery advanced 8.3 percent. Hotel receipts also increased 11.1 percent to SR376.26 million. 

Pharmacies and medical supplies registered a 23.5 percent rise to SR254.51 million, while medical services edged up 10.2 percent to SR531.56 million. 

Food and beverage purchases declined 11.4 percent to SR2.33 billion, though the segment still accounted for the largest share of POS activity. Restaurants and cafes followed with a 1.8 percent drop to SR1.22 billion. 

The Kingdom’s key urban centers reflected the broader trend. Riyadh, which accounted for the largest share of POS activity, recorded a 2.5 percent increase to SR4.86 billion, compared with SR4.75 billion the previous week. Transactions in the capital totaled 65.7 million, down 5.9 percent week on week. 

In Jeddah, transaction values climbed 5.6 percent to SR2 billion, while Dammam posted a 1.6 percent uptick to SR689 million. 

Weekly POS figures tracked by SAMA offer insight into consumer behavior and the continued expansion of digital payments across Saudi Arabia. 

The data also highlights the expanding reach of POS infrastructure, extending beyond major retail hubs to smaller cities and service sectors, supporting broader digital inclusion initiatives.  

The growth of digital payment technologies aligns with Saudi Arabia’s Vision 2030 objectives, promoting electronic transactions and contributing to the Kingdom’s broader digital economy.