Riyadh, Saudi Arabia - The Tadawul All Share Index experienced a decline of 102.19 points, representing a 0.91 percent decrease to close at 11,090.65 on Monday.

The total trading turnover for the benchmark index reached SR6.08 billion ($1.62 billion), with 88 stocks showing positive gains and 167 experiencing declines.

The MSCI Tadawul Index also saw a downturn, decreasing by 17.20 points or 1.15 percent to settle at 1,475.83.

Meanwhile, the parallel market Nomu recorded a loss of 131.43 points, down 0.57 percent, closing at 22,806.97.

Within this market, 23 stocks advanced while 49 retreated.

Among the best-performing stocks, Al Sagr Cooperative Insurance Co. saw its share price increase by 9.99 percent to SR11.45.

Amana Cooperative Insurance Co. and Saudi Enaya Cooperative Insurance Co. also experienced notable gains, with their share prices rising by 9.98 percent to SR6.83 and 6.74 percent to SR11.09, respectively.

Conversely, Middle East Healthcare Co. faced declines, with its share price decreasing by 7.31 percent to SR34.74.

Additionally, Nofoth Food Products Co. and Al Majed Oud Co. saw their shares fall by 7.30 percent to SR8 and 6.57 percent to SR133.60, respectively.

Notable announcements from Monday's trading session include Alqemam for Computer Systems Co.'s securing of an IT maintenance and operations contract with the Emirate of Hail Region, valued at SR19.8 million.

This 36-month contract covers comprehensive IT maintenance and operational services for the Emirate, bolstering Alqemam’s presence in government technology contracts within Saudi Arabia.

The company's stock price remained unchanged on the parallel market Nomu at SR68.50.