RIYADH: Saudi Arabia’s Tadawul All Share Index edged up on Wednesday, as it gained 57.39 points — or 0.52 percent — to close at 11,155.45.
The total trading turnover of the benchmark index stood at SR3.76 billion ($1 billion), with 151 of the listed stocks advancing and 102 declining.
The Kingdom’s parallel market Nomu also gained 74.09 points or 0.31 percent to close at 23,622.65.
The MSCI Tadawul Index edged up by 0.52 percent to 1,503.06.
The best-performing stock on the main market was Saudi Enaya Cooperative Insurance Co., as its share price increased by 8.61 percent to SR8.70.
The share price of Bupa Arabia for Cooperative Insurance Co. rose by 8.01 percent to SR179.30.
Retal Urban Development Co. also saw its stock price climb by 5.95 percent to SR13.
Conversely, the share price of National Medical Care Co. declined by 9.99 percent to SR141.50.
On the announcements front, National Gas and Industrialization Co. reported a net profit of SR249.1 million in 2025, representing a 0.16 percent rise compared to the previous year.
In a Tadawul statement, the company attributed the marginal rise in net profit to a rise in gas and empty cylinders sales, as well as an increase in revenues from scrap sales.
Total shareholders’ equity, with no minority interest, amounted to SR1.96 billion by the end of 2025, compared to SR1.90 billion in the previous year.
The company’s share price declined by 0.4 percent to SR87.40.
Sure Global Tech Co. announced that its board of directors approved the establishment of a wholly owned limited liability company headquartered in Riyadh.
The newly established company will specialize in developing artificial intelligence solutions, emerging technologies, big data analytics, and intelligent systems, after obtaining all required approvals and licenses from the relevant authorities.
In a Tadawul statement, the company said that the latest development aligns with the firm’s strategy to expand into promising technology sectors and strengthen its investments in digital transformation and artificial intelligence.
The share price of Sure Global Tech Co. edged up by 1.4 percent to SR57.80.
