Saudi Stock Market: Tadawul All Share Index Slips to Close at 11,052
The main index falls 1.12% as total trading turnover reaches SR2.60 billion.
Riyadh - Saudi Arabia's Tadawul All Share Index experienced a decline on Sunday, closing at 11,052.61 after slipping by 125.05 points, or 1.12 percent.
The total trading volume for the benchmark index reached SR2.60 billion ($695 million), with 27 stocks advancing and 228 retreating.
In parallel, the Nomu market, which is Saudi Arabia's secondary bourse, dropped 292.36 points, representing a decline of 1.21 percent to close at 23,950.02.
Within this market, 22 stocks showed an increase in value while 52 experienced decreases.
The MSCI Tadawul Index also saw a drop, falling by 13.72 points, or 0.95 percent, to finish the day at 1,437.75.
Allied Cooperative Insurance Group led the gains with its share price rising by 8.09 percent to SR9.75.
Other notable performers included Batic Investments and Logistics Co., which increased by 2.31 percent to SR2.21, and Saudi Azm for Communication and Information Technology Co., whose shares gained 1.68 percent to reach SR24.14.
Conversely, the most significant decline was observed in Saudi Automotive Services Co., whose stock dropped by 5.62 percent to SR63.
Al Majed Oud Co.'s share price also decreased by 5.29 percent to SR136, and Saudi Darb Investment Co. saw its shares fall by 5.00 percent to SR2.47.
Among the significant announcements affecting market activity, Petro Rabigh Refining and Petrochemical Co., known as Petro Rabigh, reported that it has reduced its accumulated losses to 39.94 percent of its share capital.
The reduction was achieved through measures such as increasing the company's share capital by SR5.26 billion via the issuance of additional shares to founding shareholders Saudi Aramco and Sumitomo Chemical Co. in equal proportions.
Petro Rabigh concluded the session at SR8.95, down 4.02 percent.
Additionally, Almoosa Health Co. announced a Shariah-compliant credit facility agreement worth SR1.34 billion with Saudi Awwal Bank to finance the Almoosa Specialist Hospital project in Alkhobar.
As a result of this announcement, Almoosa Health Co.'s stock ended the day at SR177.80, registering a decline of 0.95 percent.
Furthermore, Middle East Specialized Cables Co. revealed that its board had approved the distribution of SR20 million in cash dividends for the second half of the 2025 fiscal year.
The eligible dividend-paying shares amount to 40 million, with each share set to receive a payout of SR0.50, translating to a dividend yield equivalent to 5 percent of par value.
Middle East Specialized Cables Co.'s stock closed at SR24.45, experiencing a minimal decline of 0.25 percent.
The total trading volume for the benchmark index reached SR2.60 billion ($695 million), with 27 stocks advancing and 228 retreating.
In parallel, the Nomu market, which is Saudi Arabia's secondary bourse, dropped 292.36 points, representing a decline of 1.21 percent to close at 23,950.02.
Within this market, 22 stocks showed an increase in value while 52 experienced decreases.
The MSCI Tadawul Index also saw a drop, falling by 13.72 points, or 0.95 percent, to finish the day at 1,437.75.
Allied Cooperative Insurance Group led the gains with its share price rising by 8.09 percent to SR9.75.
Other notable performers included Batic Investments and Logistics Co., which increased by 2.31 percent to SR2.21, and Saudi Azm for Communication and Information Technology Co., whose shares gained 1.68 percent to reach SR24.14.
Conversely, the most significant decline was observed in Saudi Automotive Services Co., whose stock dropped by 5.62 percent to SR63.
Al Majed Oud Co.'s share price also decreased by 5.29 percent to SR136, and Saudi Darb Investment Co. saw its shares fall by 5.00 percent to SR2.47.
Among the significant announcements affecting market activity, Petro Rabigh Refining and Petrochemical Co., known as Petro Rabigh, reported that it has reduced its accumulated losses to 39.94 percent of its share capital.
The reduction was achieved through measures such as increasing the company's share capital by SR5.26 billion via the issuance of additional shares to founding shareholders Saudi Aramco and Sumitomo Chemical Co. in equal proportions.
Petro Rabigh concluded the session at SR8.95, down 4.02 percent.
Additionally, Almoosa Health Co. announced a Shariah-compliant credit facility agreement worth SR1.34 billion with Saudi Awwal Bank to finance the Almoosa Specialist Hospital project in Alkhobar.
As a result of this announcement, Almoosa Health Co.'s stock ended the day at SR177.80, registering a decline of 0.95 percent.
Furthermore, Middle East Specialized Cables Co. revealed that its board had approved the distribution of SR20 million in cash dividends for the second half of the 2025 fiscal year.
The eligible dividend-paying shares amount to 40 million, with each share set to receive a payout of SR0.50, translating to a dividend yield equivalent to 5 percent of par value.
Middle East Specialized Cables Co.'s stock closed at SR24.45, experiencing a minimal decline of 0.25 percent.
