Saudi Arabia’s main stock index, the Tadawul All Share Index, closed higher on Thursday, rising 82.05 points, or 0.75 percent, to finish the trading day at 11,031.32. The session saw active market participation with a total turnover of SR6.65 billion ($1.78 billion), as 131 stocks recorded gains while 121 declined.

Despite gains on the main market, the Kingdom’s parallel trading platform, Nomu, experienced a decline, dropping 176.49 points to close at 22,633.35. Meanwhile, the MSCI Tadawul Index, which tracks Saudi-listed shares favored by international investors, advanced by 0.99 percent, closing at 1,476.04.

In terms of individual stock performance, Al Jouf Cement Co. emerged as the top gainer, with its share price climbing 9.96 percent to SR5.52. Acwa’s shares also rose by 9.96 percent, reaching SR182.10. On the other hand, Saudi Public Transport Co. saw its share value drop sharply by 10 percent, closing at SR0.71.

Corporate earnings announcements featured prominently during the session. Saudi Steel Pipe Co. reported a first-quarter net profit of SR52 million, marking a 4 percent increase compared to the same quarter in 2025. The company attributed this improvement primarily to reduced selling, marketing, and distribution expenses, as well as lower financing costs.

Mobile Telecommunication Co. Saudi Arabia, known as Zain KSA, posted robust growth with its net profit soaring 116.12 percent year-on-year to SR201 million in the first quarter of 2026.

Overall, trading activity on Thursday reflected cautious optimism among investors amid mixed performances in the sectoral landscape.