Saudi Stock Market Closes Week in Green: Tadawul Index Rises Slightly
Index ends week with a 0.05% increase; total trading turnover reaches SR4.38 billion
RIYADH: Saudi Arabia’s stock market ended the week on a positive note, with the Tadawul All Share Index experiencing a slight gain.
The index rose by 5.89 points, representing a 0.05% increase, to close at 10,920.27.The trading activity during the week was substantial, with a total turnover of SR4.38 billion ($1.16 billion).
A significant number of shares were exchanged, amounting to 417.32 million.
The market saw more companies posting gains than declines, with 111 stocks advancing and 136 declining.The performance of the MSCI Tadawul 30 Index also mirrored this trend, as it increased by 2.66 points, representing a 0.19% rise, and finishing at 1,409.74.On Saudi Arabia’s parallel market known as Nomu, the index demonstrated growth, increasing by 115.90 points or 0.43%, to close at 26,924.98.
Out of the listed companies on this platform, 47 gained in value while 31 experienced declines.Among the notable gainers were Sport Clubs Co., which surged by 9.97% to SR11.25.
Al Babtain Power and Telecommunication Co. saw a rise of 5.03% to SR56.40, followed by Bupa Arabia for Cooperative Insurance Co., which increased by 4.27% to close at SR168.60.
Miahona Co. and Saudi Azm for Communication and Information Technology Co. also performed well, gaining 4.23% and 3.85%, respectively.Conversely, some stocks experienced significant declines during the trading session.
Saudi Steel Pipe Co. recorded a decrease of 4.02% to SR51.30.
Yamama Cement Co. and Halwani Bros. Co. also dropped, by 3.8% and 3.19%, respectively, closing at SR32.88 and SR42.42.Announcement-wise, Umm Al-Qura Cement Co. reported a decline in revenue for the first half of 2025, indicating a 6.6% year-on-year decrease to SR122.5 million compared to SR131.2 million during the same period last year.
The company’s net profit also dropped by 30.8%, falling to SR20.8 million from SR30.1 million over the same period.The decline in revenue and net profit was attributed to factors including a decrease in the average selling price per tonne, lower sales value, and a reduction in general and administrative expenses, financing costs, and zakat.
Despite these factors, Umm Al-Qura Cement Co.'s shares closed at SR15.61 on Thursday, down by 0.32%.Almarai Co. also made an announcement regarding the completion of its acquisition of Pure Beverages Industry Co., a deal initially agreed upon on June 15.
The acquisition is said to reinforce Almarai's strategy for expanding its beverage portfolio and strengthening its market presence.
The transaction’s cost was revealed to be SR1.04 billion, with no changes made to this figure.
Following the completion of the acquisition, shares of Almarai Co. closed at SR47.90 on Thursday, reflecting a minor decline of 0.04%.
The index rose by 5.89 points, representing a 0.05% increase, to close at 10,920.27.The trading activity during the week was substantial, with a total turnover of SR4.38 billion ($1.16 billion).
A significant number of shares were exchanged, amounting to 417.32 million.
The market saw more companies posting gains than declines, with 111 stocks advancing and 136 declining.The performance of the MSCI Tadawul 30 Index also mirrored this trend, as it increased by 2.66 points, representing a 0.19% rise, and finishing at 1,409.74.On Saudi Arabia’s parallel market known as Nomu, the index demonstrated growth, increasing by 115.90 points or 0.43%, to close at 26,924.98.
Out of the listed companies on this platform, 47 gained in value while 31 experienced declines.Among the notable gainers were Sport Clubs Co., which surged by 9.97% to SR11.25.
Al Babtain Power and Telecommunication Co. saw a rise of 5.03% to SR56.40, followed by Bupa Arabia for Cooperative Insurance Co., which increased by 4.27% to close at SR168.60.
Miahona Co. and Saudi Azm for Communication and Information Technology Co. also performed well, gaining 4.23% and 3.85%, respectively.Conversely, some stocks experienced significant declines during the trading session.
Saudi Steel Pipe Co. recorded a decrease of 4.02% to SR51.30.
Yamama Cement Co. and Halwani Bros. Co. also dropped, by 3.8% and 3.19%, respectively, closing at SR32.88 and SR42.42.Announcement-wise, Umm Al-Qura Cement Co. reported a decline in revenue for the first half of 2025, indicating a 6.6% year-on-year decrease to SR122.5 million compared to SR131.2 million during the same period last year.
The company’s net profit also dropped by 30.8%, falling to SR20.8 million from SR30.1 million over the same period.The decline in revenue and net profit was attributed to factors including a decrease in the average selling price per tonne, lower sales value, and a reduction in general and administrative expenses, financing costs, and zakat.
Despite these factors, Umm Al-Qura Cement Co.'s shares closed at SR15.61 on Thursday, down by 0.32%.Almarai Co. also made an announcement regarding the completion of its acquisition of Pure Beverages Industry Co., a deal initially agreed upon on June 15.
The acquisition is said to reinforce Almarai's strategy for expanding its beverage portfolio and strengthening its market presence.
The transaction’s cost was revealed to be SR1.04 billion, with no changes made to this figure.
Following the completion of the acquisition, shares of Almarai Co. closed at SR47.90 on Thursday, reflecting a minor decline of 0.04%.
