Saudi Stock Market: Tadawul All Share Index Drops Slightly
The Saudi main index slips as investors react to corporate updates and financial reports.
Riyadh, Saudi Arabia - The Tadawul All Share Index, the benchmark measure of the Saudi stock market, experienced a minor decline on Sunday, losing 35.42 points, which represents a decrease of 0.33 percent.
This resulted in the closing value of the index at 10,696.89.
Despite this slip, investors were engaged with the total trading turnover reaching SR3.16 billion ($842 million), reflecting an active market environment.
Within this activity, 38 stocks posted gains, while 217 faced declines, providing a mixed performance overview for individual stockholders and portfolio managers alike.The parallel market known as Nomu also saw a drop, falling by 360.62 points to settle at 25,943.03.
This decline, equivalent to a 1.37 percent decrease, was accompanied by an improvement in the number of advancing stocks over those declining, with 30 gains against 65 declines reported.The MSCI Tadawul Index experienced a relatively minor drop of 2.59 points, indicating a slight overall weakening within the market's broader context.
The closing value of this index stood at 1,382.06, highlighting the subtle shifts in investor sentiment and market dynamics.Several notable stock performances stood out on Sunday.
Development Works Food Co. led the day with a gain of 6.53 percent, reaching SR124.
Other significant advancers included Arab National Bank and Banque Saudi Fransi, which increased by 3.02 percent to SR24.21 and by 2.96 percent to SR16.70 respectively.Conversely, SABIC Agri-Nutrients Co. faced a decline of 5.44 percent, closing at SR114.80.
This downward trend was also observed in the stock performance of Rabigh Refining and Petrochemical Co., which fell by 5.14 percent to reach SR7.01.
This decrease came amidst an announcement from Petro Rabigh regarding its board's recommendation to increase its capital by raising funds through a mix of new shares issued to current founding shareholders, alongside a subscription agreement.In the realm of corporate updates, Saudi Networkers Services Co. reported improved financial health with a net profit of SR20.6 million for the first half of 2025, marking a 4.4 percent increase compared to its performance in the same period last year.
The company cited higher revenues and better margins as key drivers of this improvement.
Consequently, its share price closed at SR73, reflecting a gain of 6.84 percent.Advance International Co. for Communication and Information Technology faced challenges, posting a net loss of SR2.9 million compared to the profit reported in the previous year.
The company highlighted increased operating costs and lower selling prices within its wholesale and supplies division as contributing factors to this financial performance.
Its stock closed at SR2.30, with an 8.33 percent decrease from the opening.Arabian International Healthcare Holding Co.'s efforts to improve its financial position were evident, as it narrowed its losses by 23.6 percent year over year, attributing this improvement to stronger gross profit and lower impairment charges.
However, its share price closed at SR33.30, down by 15.87 percent, indicating a cautious investor reaction.Saudi Parts Center Co.'s financial results took a turn for the worse, swinging into a net loss of SR6.2 million compared to a profit of SR689,000 in the previous year.
This deterioration was primarily attributed to a 17 percent decline in sales and weaker revenue from its Engine and Generator Repair Center.
As a consequence, its share price ended the day at SR42, down by 13.04 percent.Lastly, Rawasi Albina Investment Co.'s strategic adjustments appeared to bear fruit, transforming it from a loss-making entity into a net-profit one with SR1.19 million in earnings, marking an improvement over the SR9.7 million loss reported in the previous year.
The company's financial health was bolstered by higher revenues from completed projects and contract expansions in key sectors such as construction, telecoms, and energy.
Despite this promising turnaround, its stock price fell by 7.69 percent to close at SR3.98.
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