Riyadh: Saudi Arabia's stock market ended the week on a negative note, with the Tadawul All Share Index declining by 31.76 points or 0.29 percent to close at 11,006.98.

The benchmark index experienced a trading turnover of SR4.19 billion ($1.12 billion), witnessing a net movement where 125 stocks advanced and 117 declined.

In parallel, the Nomu market also witnessed a downturn, losing 50.11 points to settle at 27,294.97.

The MSCI Tadawul Index faced a 0.32 percent decrease, ending at 1,410.87.

Among the main market stocks, LIVA Insurance Co. performed the best with its shares rising by 9.94 percent to SR13.93.

Emaar The Economic City saw its shares increase by 5.15 percent to reach SR13.69, while Alistithmar AREIC Diversified REIT Fund gained 4.57 percent to close at SR9.15.

Conversely, Tourism Enterprise Co. experienced the sharpest decline, plummeting by 6.45 percent to SR0.87.

In terms of announcements, Lana Medical Co. secured multiple contracts worth SR57.1 million from the Ministry of Health.

The first contract, valued at SR53.5 million, involves hazardous waste collection and storage for health centers, hospitals, and specialized facilities in Al-Jouf region and Al-Qurayyat Governorate.

The second contract, amounting to SR3.6 million, pertains to the transportation of medical waste to Riyadh First Health Cluster.

These 60-month contracts are expected to impact Lana Medical Co.'s financial results starting from the fourth quarter of 2025.

Additionally, Lana Medical Co. announced a two-year agreement worth SR10 million with National Unified Procurement Co., responsible for managing medical waste.

Consequently, shares of Lana Medical Co. listed on Nomu parallel market surged by 7.98 percent to close at SR36.