Saudi Tadawul All Share Index Declines, Closing at 11,256.74
The Saudi benchmark index fell on Wednesday, shedding 1.24 percent and closing at 11,256.74.
Riyadh: The Tadawul All Share Index, the primary stock market index in Saudi Arabia, experienced a decline on Wednesday, losing 141.55 points to close at 11,256.74.
This downward movement was reflected in a trading turnover of SR4.94 billion ($1.32 billion), with a notable split between advancing and declining stocks.
Out of the total number of traded stocks, 34 managed to rise, while 224 ended up decreasing.
In addition to the main index's performance, the parallel market Nomu also saw a decline of 173.29 points, leading it to close at 24,411.19.
Furthermore, the MSCI Tadawul Index experienced a decrease of 1.18 percent, settling at 1,465.75.
Among the most notable movers in the main market, Perfect Presentation for Commercial Services Co. stood out with its share price increasing by 6.22 percent to SR9.56.
Raydan Food Co. also witnessed gains, rising 3.82 percent to SR30.96.
Conversely, Allied Cooperative Insurance Group's shares suffered a decline of 9.96 percent, falling to SR10.85.
In terms of company announcements, Derayah Financial Co. reported a year-on-year net profit decrease for the first nine months of 2025, which fell by 6.94 percent to SR312.96 million.
During the third quarter, the company's net profit was down 7.96 percent compared to the same period last year, reaching SR99.68 million.
As a result, Derayah's share price experienced a decline of 2.36 percent, settling at SR27.34.
On a more positive note, Savola Group announced an increase in its net profit for the first nine months of 2025, which rose by 2.3 percent year-on-year to reach SR680.42 million.
This improvement was attributed to higher retail revenues resulting from network expansion and increased food manufacturing sales.
Additionally, the company's third-quarter net profit surged by 112.99 percent to reach SR385.56 million.
In response to these positive developments, Savola's share price saw a gain of 3.73 percent, rising to SR24.74.
This downward movement was reflected in a trading turnover of SR4.94 billion ($1.32 billion), with a notable split between advancing and declining stocks.
Out of the total number of traded stocks, 34 managed to rise, while 224 ended up decreasing.
In addition to the main index's performance, the parallel market Nomu also saw a decline of 173.29 points, leading it to close at 24,411.19.
Furthermore, the MSCI Tadawul Index experienced a decrease of 1.18 percent, settling at 1,465.75.
Among the most notable movers in the main market, Perfect Presentation for Commercial Services Co. stood out with its share price increasing by 6.22 percent to SR9.56.
Raydan Food Co. also witnessed gains, rising 3.82 percent to SR30.96.
Conversely, Allied Cooperative Insurance Group's shares suffered a decline of 9.96 percent, falling to SR10.85.
In terms of company announcements, Derayah Financial Co. reported a year-on-year net profit decrease for the first nine months of 2025, which fell by 6.94 percent to SR312.96 million.
During the third quarter, the company's net profit was down 7.96 percent compared to the same period last year, reaching SR99.68 million.
As a result, Derayah's share price experienced a decline of 2.36 percent, settling at SR27.34.
On a more positive note, Savola Group announced an increase in its net profit for the first nine months of 2025, which rose by 2.3 percent year-on-year to reach SR680.42 million.
This improvement was attributed to higher retail revenues resulting from network expansion and increased food manufacturing sales.
Additionally, the company's third-quarter net profit surged by 112.99 percent to reach SR385.56 million.
In response to these positive developments, Savola's share price saw a gain of 3.73 percent, rising to SR24.74.
