RIYADH: Saudi Arabia’s Tadawul All Share Index edged up on Monday amid regional conflicts, as it gained 90.87 points, or 0.82 percent, to close at 11,167.27.
The total trading turnover of the benchmark index stood at SR6.06 billion ($1.61 billion), with 141 of the listed stocks advancing and 120 declining.
The Kingdom’s parallel market, Nomu, also gained 131.44 points to close at 22,883.26.
The MSCI Tadawul Index advanced by 0.92 percent to 1,502.73.
The best-performing stock on the main market was Saleh Abdulaziz Al Rashed and Sons Co., as its share price rose by 9.98 percent to SR67.20.
The share price of Saudi Public Transport Co. increased by 9.90 percent to SR9.88.
Raoom Trading Co. also saw its stock price climb by 7.73 percent to SR71.75.
The share price of Bawan Co. declined by 7.98 percent to SR46.84, after its board of directors decided not to distribute cash dividends for 2025 to support the company’s financial position.
The company also announced that its net profit for 2025 stood at SR218.29, representing an increase of 105.88 percent compared to the previous year.
On the announcements front, Derayah Financial Co. reported a net profit of SR400.16 million in 2025, representing a 9.85 percent decline compared to the previous year.
In a Tadawul statement, the company attributed the drop in net profit to a 12.6 percent rise in operating expenses due to the launch of the company’s employee share ownership program.
The company invested heavily in IT, cybersecurity, and marketing to support growth, leading to a higher cost-to-income ratio of 43.4 percent in 2025.
The share price of Derayah Financial Co. dropped by 2.91 percent to SR21.36.
Obeikan Glass Co. revealed that its net profit for 2025 stood at SR63.16 million, compared to SR1.32 million in the previous year.
In a Tadawul statement, the firm said that this increase in net profit was driven by a rise in the average selling prices of its products, as well as the reversal of SR29.5 million in expected credit loss provisions following the acquisition of Obeikan AGC LLC.
The share price of Obeikan Glass Co. declined by 0.49 percent to SR24.33.
In the wider Gulf Cooperation Council region, the Qatari index advanced by 0.34 percent, while Oman’s Muscat Stock Exchange and Boursa Kuwait edged up by 1.29 percent and 0.54 percent, respectively.
UAE equities, however, traded lower on Monday. Abu Dhabi Securities Exchange was down 0.74 percent, while the Dubai Financial Market declined by 1.24 percent.
