Latest news with #MeyarCo
Arab News
11-06-2025
- Business
- Arab News
Closing Bell: Saudi main index holds steady at 11,005
RIYADH: Saudi Arabia's Tadawul All Share Index gained 0.49 points on Wednesday, closing at 11,005.02. The total trading turnover of the benchmark index was SR5.60 billion ($1.49 billion), with 149 of the listed stocks advancing and 89 declining. The Kingdom's parallel market Nomu, however, shed 84.03 points to close at 27,223.71. The MSCI Tadawul Index also declined by 0.07 percent to 1,405.46. Fawaz Abdulaziz Alhokair Co., also known as Cenomi Retail, was the best-performing stock on the main market, as the company's share price advanced by 9.93 percent to SR19.70. Miahona Co. also saw its share price increase by 6.09 percent to SR24.38. The stock price of Americana Restaurants International PLC advanced 5.74 percent to SR2.21. Conversely, the share price of Elm Co. declined by 6.66 percent to SR959.20. The top gainer on Nomu was Meyar Co., whose share price grew 20.74 percent to SR65.20. In the parallel market, Knowledge Net Co. also saw its stock price rise by 10 percent to SR34.10. The share price of Anmat Technology for Trading Co., which debuted on the Kingdom's parallel market, climbed by 4.74 percent to SR9.95. On Tuesday, Saudi Arabia's main market also witnessed three negotiated deals worth SR23.3 million. The negotiated deals include ACWA Power's SR12.59 million, followed by Ades Holding Co.'s SR5.74 million, and Saudi Kayan Petrochemical Co.'s SR5 million. A negotiated deal indicates the purchase of a stock based on an agreement between buyers and sellers, apart from the market price. These agreements are executed under the control of Tadawul and in accordance with capital market laws and regulations. The share price of ACWA Power declined by 5.34 percent to SR255.40. Ades Holding Co. saw its share price drop by 0.74 percent to SR13.48. The stock price of Saudi Kayan Petrochemical Co. edged up by 0.40 percent to SR4.96.
Arab News
03-06-2025
- Business
- Arab News
Closing Bell: Saudi main index closes in red at 10,832
RIYADH: Saudi Arabia's Tadawul All Share Index slipped on Tuesday, as it shed 17.66 points, or 0.16 percent, to close at 10,832.43. The total trading turnover of the benchmark index was SR3.55 billion ($946 million), with 123 of the listed stocks advancing and 106 declining. The Kingdom's parallel market Nomu gained 65.84 points to close at 27,049.84. The MSCI Tadawul Index edged down by 0.08 percent to 1,383.41. The best-performing stock on the main market was Fawaz Abdulaziz Alhokair Co., with its share price surging by 6.71 percent to SR17.50. The share price of Naseej International Trading Co. also rose by 6.14 percent to SR83. Saudi Research and Media Group also saw its stock price rising by 5.92 percent to SR150.40. Conversely, the share price of United Carton Industries Co., dropped by 3.98 percent to SR41. On the announcements front, Meyar Co. said that it received a contract worth SR1.67 million from the Municipality of Unaizah. In a Tadawul statement, the company revealed that the agreement includes the supply of curbs stones and interlock tiles to the municipality. It added that there are no related parties involved in the deal. The share price of Meyar Co. edged up by 0.93 percent to SR54. Dar Almarkabah for Renting Cars Co. said that it signed a chauffeur-driven car rental contract valued at SR6.98 million with Wareed Health Medical Co. In a Tadawul statement, the company revealed that the contract period is valid for 24 months, adding that the impact of the deal will be visible in the firm's financials during the second quarter of this year. The share price of Dar Almarkabah for Renting Cars Co. was unchanged at SR2.47.
