RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Monday, gaining 36.81 points, or 0.34 percent, to close at 10,984.06.
The total trading turnover of the benchmark index was SR4.39 billion ($1.17 billion), as 59 of the stocks advanced and 202 retreated.
The Kingdom’s parallel market Nomu lost 85.99 points, or 0.37 percent, to close at 23,318.76. This came as 25 of the stocks advanced while 42 retreated.
The MSCI Tadawul Index gained 11.14 points, or 0.75 percent, to close at 1,488.85.
The best-performing stock of the day was Retal Urban Development Co., with its share price rising 6.67 percent to SR13.91.
Other top performers included Lazurde Company for Jewelry, whose share price rose 5.43 percent to SR11.66, as well as Bawan Co. which saw its share price up 4.81 percent to SR45.80.
United Cooperative Assurance Co. recorded the most significant drop, falling 9.88 percent to SR3.10.
Sport Clubs Co. also saw its stock prices fall 6.90 percent to SR7.42.
Al-Babtain Power and Telecommunication Co. also saw its stock prices decline 6.77 percent to SR61.25.
On the announcement front, Al Moammar Information Systems Co. announced a SR102 million contract sign off with Saudi Tadawul Group Holding Co. for the provision of information technology systems services.
According to a Tadawul statement, the one-year contract is expected to bring about positive financial impact starting from the first quarter of 2026.
Al Moammar Information Systems Co. ended the session at SR199.90, down 4.02 percent.
Arabian Internet and Communications Services Co. announced the signing of a SR519 million contract with the National Water Co. to provide IT Managed Services.
A bourse filing revealed that the 5-year agreement includes providing reliable and secure end-to-end ICT managed services across all NWC applications, environments, and user groups.
Arabian Internet and Communications Services Co. ended the session at SR158.10, down 0.32 percent.
