Closing Bell Report: Saudi Main Index Remains Stable at 11,095
RIYADH — Saudi Arabia’s Tadawul All Share Index held steady on Monday, losing just 8.56 points, or 0.08 percent, to close at 11,095.86. Total turnover on the benchmark index reached SR6.5 billion ($1.73 billion), with 165 stocks advancing and 88 retreating.
The Kingdom’s parallel market, Nomu, lost 57.54 points, or 0.25 percent, to close at 22,983.83, as 36 stocks advanced and 39 retreated. The MSCI Tadawul Index declined 1.92 points, or 0.13 percent, to 1,479.43.
Naseej International Trading Co. led the gainers, surging 8.7 percent to SR23.98, followed by Flynas Co., which rose 7.43 percent to SR57.80, and Saudi Cement Co., which gained 6.98 percent to SR33.42.
On the losing side, Saudi Aramco Base Oil Co. recorded the most significant drop, falling 4.72 percent to SR117.20. Ades Holding Co. declined 3.85 percent to SR18.75, while Bupa Arabia for Cooperative Insurance Co. slipped 3.66 percent to SR186.90.
On the corporate front, Arabian Mills Co. for Food Products announced that its board had approved a voluntary prepayment of SR50 million under its existing Murabaha financing agreement with Saudi Awwal Bank. The early repayment is expected to reduce financing costs and have a positive impact on financial results. The stock closed up 1.47 percent at SR48.
Malath Cooperative Insurance Co. signed a strategic partnership agreement with National Housing Services Co. to support the issuance of contractor’s works insurance products for latent defects policies. The firm expects a positive financial impact starting from the third quarter of 2026. The stock ended the session at SR9.60, down 0.94 percent.
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