Saudi Tadawul Index Closes Slightly Higher Amid Mixed Market Performance
Saudi Arabia's main stock market, the Tadawul All Share Index, closed slightly higher on Sunday, gaining 0.03 percent to end at 11,271.96. The benchmark index recorded a trading turnover of SR4.27 billion, with 142 stocks advancing against 114 declines. Conversely, the parallel Nomu market dipped by 0.12 percent. In terms of individual performance, Saudi Arabian Amiantit Co. led gains with a nearly 10 percent surge, while Emaar The Economic City suffered the largest drop. Corporate news included Almarai Co. reporting a marginal increase in first-quarter net profit and the Capital Market Authority approving a capital reduction for Seera Group Holding. The MSCI Tadawul Index also saw a minor decline of 0.03 percent.
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Saudi Tadawul Index Closes Slightly Higher Amid Mixed Market Performance
Saudi Arabia's main stock market, the Tadawul All Share Index, closed slightly higher on Sunday, gaining 0.03 percent to end at 11,271.96. The benchmark index recorded a trading turnover of SR4.27 billion, with 142 stocks advancing against 114 declines. Conversely, the parallel Nomu market dipped by 0.12 percent. In terms of individual performance, Saudi Arabian Amiantit Co. led gains with a nearly 10 percent surge, while Emaar The Economic City suffered the largest drop. Corporate news included Almarai Co. reporting a marginal increase in first-quarter net profit and the Capital Market Authority approving a capital reduction for Seera Group Holding. The MSCI Tadawul Index also saw a minor decline of 0.03 percent.
Business & Economy