Saudi Arabia’s main stock index showed a modest advance on Monday, with the Tadawul All Share Index rising 0.11 percent to close at 11,121.56. The index added 11.97 points as trading activity remained steady amid mixed market performance.
The parallel Nomu market diverged from the main trend, declining 0.25 percent to finish at 22,795.17. Meanwhile, the MT30 index inched higher by 0.09 percent, closing at 1,490.39.
Market turnover on the main exchange amounted to 218.6 million shares, with a total traded value of 3.59 billion Saudi riyals (approximately $957.2 million). Among the traded stocks, 122 recorded gains, while 135 fell during the session.
Leading the gainers, Rabigh Refining and Petrochemical Company surged 10 percent to settle at 12.65 riyals. Yanbu National Petrochemical Company followed with a 6.97 percent increase, reaching 35.30 riyals. Alujain Corporation rose 5.67 percent to 28.70 riyals. Other notable risers included Methanol Chemicals Company, which added 4.52 percent to close at 8.70 riyals, and Naseej International Trading Company, up 4.20 percent at 26.80 riyals.
On the downside, BAAN Holding Group led the decliners with a 7.62 percent drop, closing at 1.94 riyals. Saudi Darb Investment Company fell 4.39 percent to 2.18 riyals, while National Agricultural Development Company decreased 4.27 percent to 16.15 riyals. Saudi Arwaal Bank declined 3.89 percent, ending at 34.00 riyals, and National Medical Care Company was down 3.78 percent at 11.17 riyals.
Separately, the Saudi Exchange announced it would delist a government debt instrument following its maturity. Issuance number 1003-10, with a nominal value of 3.24 billion riyals, will be removed from the Tadawul market by the end of Monday’s trading session, as per a request from the Ministry of Finance.
