Saudi Main Index Closes in Red at 11,484
The Tadawul All Share Index Slips 52.72 Points, or 0.46 Percent, Ending at 11,483.57
Riyadh: Saudi Arabia's Tadawul All Share Index closed lower on Monday, slipping 52.72 points, or 0.46 percent, to end at 11,483.57.
The total trading turnover of the benchmark index reached SR6.11 billion ($1.63 billion), with 58 stocks advancing and 198 declining.
The Kingdom's parallel market Nomu also edged down 0.88 percent to 24,725.15, while the MSCI Tadawul Index fell 0.39 percent to 1,492.48.
Bawan Co. was the best-performing stock on the main market, with its share price increasing by 3.64 percent to SR57.
Shatirah House Restaurant Co. gained 3.55 percent to SR16.61, and Raoom Trading Co. advanced 3.47 percent to SR62.70.
Conversely, shares of Elm Co. fell 8.6 percent to SR850, making it one of the session's biggest decliners.
On the announcements front, ACWA Power reported a 2.01 percent year-on-year increase in its net profit for the first nine months of 2025, reaching SR1.28 billion.
The utility giant attributed this growth to higher gross profit, lower development costs, reduced provisions and write-offs, and increased operating income.
Its third-quarter net profit climbed 13.12 percent year on year to SR371.16 million, though its share price dropped 4.81 percent to SR235.60.
Meanwhile, Alinma Bank announced plans to issue dollar-denominated Tier 2 sukuk under its Trust Certificate Issuance Program.
The bank said the issuance would be carried out through a special purpose vehicle and offered to eligible investors in Saudi Arabia and abroad.
Proceeds from the issuance would be used for general banking purposes, with the amount and terms determined based on market conditions.
Shares of Alinma Bank edged up 0.15 percent to SR25.92.
The total trading turnover of the benchmark index reached SR6.11 billion ($1.63 billion), with 58 stocks advancing and 198 declining.
The Kingdom's parallel market Nomu also edged down 0.88 percent to 24,725.15, while the MSCI Tadawul Index fell 0.39 percent to 1,492.48.
Bawan Co. was the best-performing stock on the main market, with its share price increasing by 3.64 percent to SR57.
Shatirah House Restaurant Co. gained 3.55 percent to SR16.61, and Raoom Trading Co. advanced 3.47 percent to SR62.70.
Conversely, shares of Elm Co. fell 8.6 percent to SR850, making it one of the session's biggest decliners.
On the announcements front, ACWA Power reported a 2.01 percent year-on-year increase in its net profit for the first nine months of 2025, reaching SR1.28 billion.
The utility giant attributed this growth to higher gross profit, lower development costs, reduced provisions and write-offs, and increased operating income.
Its third-quarter net profit climbed 13.12 percent year on year to SR371.16 million, though its share price dropped 4.81 percent to SR235.60.
Meanwhile, Alinma Bank announced plans to issue dollar-denominated Tier 2 sukuk under its Trust Certificate Issuance Program.
The bank said the issuance would be carried out through a special purpose vehicle and offered to eligible investors in Saudi Arabia and abroad.
Proceeds from the issuance would be used for general banking purposes, with the amount and terms determined based on market conditions.
Shares of Alinma Bank edged up 0.15 percent to SR25.92.
