Closing Bell: Saudi main index edges up 0.15% to close at 11,634

17/04/2025 01:13 AST

Saudi Arabia's Tadawul All Share Index closed Wednesday's trading session in positive territory, rising 17.61 points to reach 11,634.42, an increase of 0.15 percent.

The total trading turnover on the main index stood at SR5.79 billion ($1.54 billion), with 109 stocks advancing while 131 declined.

The MSCI Tadawul 30 Index also posted gains, climbing 6.2 points, or 0.42 percent, to end the day at 1,479.9.

Meanwhile, the Kingdom's parallel market, Nomu, recorded a slight dip, falling 57.73 points-or 0.2 percent-to close at 29,083.57. Thirty stocks advanced on the parallel market, while 42 closed lower.

Lazurde Company for Jewelry led the gains on the main index with a sharp rise of 10 percent, closing at SR14.08. Saudi Industrial Export Co. followed, increasing 9.69 percent to SR2.49. Shares of Mobile Telecommunication Company Saudi Arabia advanced 5.65 percent to SR13.08.

Saudi Real Estate Co. also recorded a notable uptick, with its shares climbing 4.88 percent to SR23.20, while Takween Advanced Industries Co. rose 4.78 percent to close at SR9.20.

On the other end of the spectrum, Al Mawarid Manpower Co. was the day's worst performer on TASI, with its shares dropping 4.93 percent to SR142.60. City Cement Co. fell 4.56 percent to SR20.10, and Umm Al-Qura Cement Co. declined 3.96 percent to SR17.94.

On the Nomu market, Watani Iron Steel Co. emerged as the top gainer, with its share price climbing 7.14 percent to SR2.40. Hedab Alkhaleej Trading Co. and Knowledge Tower Trading Co. also performed well, with their shares increasing by 5.61 percent and 4.62 percent to close at SR43.30 and SR13.60, respectively.

Other notable gainers included Nofoth Food Products Co. and Knowledge Net Co.

On the losing side, Jana Medical Co. posted the steepest decline on Nomu, with shares dropping 8.53 percent to SR19.30. Almuneef Co. for Trade, Industry, Agriculture and Contracting fell 8.02 percent to SR7.45, while Horizon Educational Co. slipped 7.67 percent to SR83.

Arab News