11/05/2026 04:02 AST
Saudi Arabia's Tadawul All Share Index rose on Sunday, gaining 83.75 points, or 0.76 percent, to close at 11,115.07.
The total trading turnover of the benchmark index was SR4.87 billion ($1.29 billion), as 135 stocks advanced and 119 retreated.
Similarly, the Kingdom's parallel market Nomu gained 9.09 points, or 0.04 percent, to close at 22,644.44. This comes as 35 stocks advanced while 31 retreated.
The MSCI Tadawul Index gained 13.59 points, or 0.92 percent, to close at 1,489.63.
The best-performing stock of the day was Elm Co., whose share price surged 5.40 percent to SR693.00.
Other top performers included Middle East Paper Co., whose share price rose 5.33 percent to SR18.78, as well as CATRION Catering Holding Co., whose share price surged 5.03 percent to SR73.05.
National Medical Care Co. recorded the steepest decline, falling 9.95 percent to SR104.10.
Saudi Arabian Amiantit Co. also saw its stock price fall 6.98 percent to SR14.26.
Advanced Building Industries Co. also saw its stock price decline 6.64 percent to SR36.00.
On the announcement front, Saudi Paper Manufacturing Co. released its interim financial results for the three-month period ending March 31. According to a Tadawul statement, the firm recorded a net profit of SR34.15 million during the first three months of the year, up 65 percent from the same period last year.
The rise in net profit was primarily linked to a significant improvement in gross profit resulting from a 10 percent increase in sales and an improved profit margin. Net profit was also supported by lower general and administrative expenses resulting from cost optimization and operational streamlining, alongside a decline in selling and distribution costs during the period.
Saudi Paper Manufacturing Co. ended the session at SR60.30, down 1.15 percent.
Yanbu Cement Co. also announced its interim financial results for the first three months of 2026. A bourse filing revealed that the firm recorded a net profit of SR37.54 million during the first three months of the year, reflecting a 25 percent increase compared to the corresponding period a year earlier.
This jump in net profit was mainly due to improved average selling prices, lower cost of revenues, and reduced selling and distribution expenses resulting from lower export volumes, as well as lower financing costs.
Yanbu Cement Co. ended the session at SR15.00, up 4.94 percent.
Arab News
Please wait...
