RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Wednesday, gaining 35.85 points, or 0.33 percent, to close at 10,948.28.
The total trading turnover of the benchmark index was SR4.71 billion ($1.25 billion), as 185 of the listed stocks advanced, while 71 retreated.
The MSCI Tadawul Index increased, up 2.60 points or 0.18 percent, to close at 1,470.16.
The Kingdom’s parallel market Nomu gained 9.84 points, or 0.04 percent, to close at 23,368.02. This comes as 33 of the listed stocks advanced, while 36 retreated.
The best-performing stock was Malath Cooperative Insurance Co., with its share price surging 10 percent to SR10.56.
Other top performers included Walaa Cooperative Insurance Co., which saw its share price rise by 10 percent to SR11.66, and United Cooperative Assurance Co., which saw a 10 percent increase to SR3.96.
On the downside, Nofoth Food Products Co. was the weakest performer of the day, with its shares falling 2.96 percent to SR9.50.
Saudi Industrial Export Co. saw its shares fall 2.7 percent to SR2.52, while Almasane Alkobra Mining Co. declined 2.3 percent to SR106.20.
