RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Tuesday, losing 21.83 points, or 0.19 percent, to close at 11,344.96.
The total trading turnover of the benchmark index was SR5.57 billion ($1.48 billion), as 118 of the stocks advanced and 138 retreated.
The Kingdom’s parallel market Nomu remained stable, with a loss of just 3.46 points, or 0.02 percent, to close at 22,860.29. This came as 36 stocks advanced while 43 retreated.
The MSCI Tadawul Index lost 5.51 points, or 0.36 percent, to close at 1,522.57.
The best-performing stock of the day was BAAN Holding Group Co., whose share price surged 9.89 percent to SR2.
Other top performers included Middle East Healthcare Co., whose share price rose 4.73 percent to SR40.32, as well as SHL Finance Co., whose share price surged 4.13 percent to SR15.63.
SABIC Agri-Nutrients Co. recorded the most significant drop, falling 3.85 percent to SR150.
Methanol Chemicals Co. also saw its stock price fall 3.45 percent to SR8.40.
Nice One Beauty Digital Marketing Co. also saw its stock prices decline 2.87 percent to SR14.88.
On the announcement front, Aldrees Petroleum and Transport Services Co. released its interim financial results for the three-month period ending March 31. According to a Tadawul statement, the firm recorded a net profit of SR110 million during the first three months of the year, up 8.9 percent from the same period last year.
The rise in net profit is primarily linked to higher sales from the petrol and transport divisions, increased income from bank deposits and other income, and higher returns from investments in the joint venture project and sukuk.
This was partially offset by higher marketing and selling expenses, general and administrative expenses, financing costs, and zakat expenses.
Aldrees Petroleum and Transport Services Co. ended the session at SR124.60, down 1.92 percent.
Saudi National Bank has announced its interim financial results for the first three months of 2026. A bourse filing revealed that the firm recorded a net profit attributable to shareholders of SR6.42 billion during the first three months of the year, reflecting a 6.66 percent increase compared to the corresponding period a year earlier.
This jump in net profit is mainly due to higher total operating income along with lower total operating expenses.
SNB ended the session at SR41.94, down 2.40 percent.
