Saudi Stock Market Update: Main Index Closes at 10,983
The Tadawul All Share Index rises on Wednesday, gaining 1.30 percent to close at 10,983.93.
Riyadh - Saudi Arabia's main stock market index, the Tadawul All Share Index, saw a rise on Wednesday, increasing by 140.73 points or 1.30 percent to close at 10,983.93.
The trading turnover for the benchmark index reached SR5.34 billion ($1.42 billion), with 207 stocks advancing and 46 retreating.
Similarly, Saudi Arabia's parallel market Nomu gained 38.14 points or 0.14 percent to close at 26,778.15.
In this session, 43 of the listed stocks advanced while 35 retreated.
The MSCI Tadawul Index also saw an increase, gaining 21.53 points or 1.55 percent to close at 1,411.73.
Sport Clubs Co.'s share price surged the most, increasing by 18.60 percent to SR11.03.
Other top performers included Middle East Specialized Cables Co., whose share price rose 7.56 percent to SR33.56, and Tourism Enterprise Co., which saw its share price surge 5.88 percent to SR1.08.
In contrast, SICO Saudi REIT Fund recorded the largest decline, falling by 5.13 percent to SR4.07.
Obeikan Glass Co.'s stock price also dropped 3.22 percent to SR38.84, while Saudi Azm for Communication and Information Technology Co. saw its share prices decrease by 3.21 percent to SR26.50.
Bank Albilad's interim financial results for the period ending on June 30 showed a net profit of SR1.46 billion, reflecting an 11.5 percent rise compared to the same period a year earlier.
The Saudi Investment Bank also announced its interim financial results, recording a net profit of SR1.01 billion for the first half of the year, up 9.3 percent year over year.
Yanbu Cement Co.'s condensed consolidated financial results revealed a net profit of SR51.5 million during the first half of 2025, reflecting a 47.4 percent decrease compared to the same period a year earlier.
The trading turnover for the benchmark index reached SR5.34 billion ($1.42 billion), with 207 stocks advancing and 46 retreating.
Similarly, Saudi Arabia's parallel market Nomu gained 38.14 points or 0.14 percent to close at 26,778.15.
In this session, 43 of the listed stocks advanced while 35 retreated.
The MSCI Tadawul Index also saw an increase, gaining 21.53 points or 1.55 percent to close at 1,411.73.
Sport Clubs Co.'s share price surged the most, increasing by 18.60 percent to SR11.03.
Other top performers included Middle East Specialized Cables Co., whose share price rose 7.56 percent to SR33.56, and Tourism Enterprise Co., which saw its share price surge 5.88 percent to SR1.08.
In contrast, SICO Saudi REIT Fund recorded the largest decline, falling by 5.13 percent to SR4.07.
Obeikan Glass Co.'s stock price also dropped 3.22 percent to SR38.84, while Saudi Azm for Communication and Information Technology Co. saw its share prices decrease by 3.21 percent to SR26.50.
Bank Albilad's interim financial results for the period ending on June 30 showed a net profit of SR1.46 billion, reflecting an 11.5 percent rise compared to the same period a year earlier.
The Saudi Investment Bank also announced its interim financial results, recording a net profit of SR1.01 billion for the first half of the year, up 9.3 percent year over year.
Yanbu Cement Co.'s condensed consolidated financial results revealed a net profit of SR51.5 million during the first half of 2025, reflecting a 47.4 percent decrease compared to the same period a year earlier.
