Closing Bell: Saudi main index rises to close at 10,956

Arab News

27-07-2025

RIYADH: Saudi Arabia's Tadawul All Share Index rose on Sunday, gaining 10.42 points, or 0.10 percent, to close at 10,956.22.
Total trading turnover of the benchmark index reached SR3.46 billion ($924 million), with 145 stocks advancing and 97 declining.
Similarly, the Kingdom's parallel market Nomu climbed 92.76 points, or 0.34 percent, to close at 26,991.01, as 47 stocks advanced while 39 retreated.
The MSCI Tadawul Index also posted gains, adding 1.89 points, or 0.13 percent, to finish at 1,409.96.
The top performer of the day was Tourism Enterprise Co., with its share price surging 9.91 percent to close at SR1.22.
Other notable gainers included BAAN Holding Group Co., which rose 9.63 percent to SR2.39, and Raydan Food Co., which advanced 6.67 percent to SR14.24.
On the downside, Buruj Cooperative Insurance Co. recorded the biggest loss, falling 4.11 percent to SR18.20.
Fawaz Abdulaziz Alhokair Co. dropped 3.03 percent to SR29.46, while Saudia Dairy and Foodstuff Co. declined 2.84 percent to SR266.40.
In corporate disclosures, the National Agricultural Development Co. reported its consolidated financial results for the six-month period ending June 30. According to a Tadawul statement, the company posted a net profit of SR218.6 million, up 2.5 percent year on year.
The increase was attributed to higher revenue and treasury income, along with changes in cost of sales, selling and marketing expenses, impairment losses, financing costs, and other income and expenses.
NADEC shares ended the session at SR21.02, down 0.81 percent.
Meanwhile, Yanbu National Petrochemical Co. announced a net profit of SR58.2 million for the first half of the year, marking an 82 percent year-on-year decline.
The drop was primarily due to lower average selling prices across all products and higher input costs, despite increased sales volumes and stable operational performance.
Yanbu shares rose 2.88 percent, closing at SR29.42.
Sabic Agri-Nutrients Co. also released its interim financial results, reporting a net profit of SR2.04 billion for the first half of the year, reflecting a 32.2 percent increase compared to the same period last year.
The growth was driven by a 22 percent rise in sales, along with an increase in share of results from associates and joint ventures.
However, the rise was partially offset by higher costs of goods sold, mainly due to increased feedstock prices.
SABIC Agri-Nutrients Co. shares closed at SR117, up 2.15 percent.