Arab News
Arab
News,
Wed, April 1, 2026 | Shawwal 13, 1447
Closing Bell: Saudi main index rises to close at 11,249
Saudi Arabia:
Saudi Arabia’s Tadawul All Share Index rose on
Tuesday, gaining 82.27 points, or 0.74 percent, to close at 11,249.54.
The total trading turnover of the benchmark index
was SR7.2 billion ($4.2 billion), as 178 of the stocks advanced and 78
retreated.
The Kingdom’s parallel market Nomu lost 117.98
points, or 78 percent, to close at 22,705.28. This came as 30 of the stocks
advanced while 57 retreated.
The MSCI Tadawul Index gained 11.02 points, or
0.73 percent, to close at 1,513.75.
The best-performing stock of the day was AFG
International Co., whose share price surged 9.95 percent to SR15.47.
Other top performers included Malath Cooperative
Insurance Co., whose share price rose 9.93 percent to SR9.63, as well as Saudi
Public Transport Co., whose share price surged 9.92 percent to SR10.86.
Theeb Rent a Car Co. recorded the most significant
drop, falling 6.87 percent to SR29.30.
Saudi Pharmaceutical Industries and Medical
Appliances Corp. also saw its stock prices fall 6.39 percent to SR30.46.
City Cement Co. also saw its stock prices decline
5.33 percent to SR12.60.
On the announcement front, Al-Shuhaili Metal
Industries Co. has announced its annual financial results for the fiscal year
ended Dec. 31, 2025.
According to a Tadawul statement, the firm
recorded a net profit of SR13.8 million during the year, up 13.6 percent from
the year earlier. The rise in net profit is mainly due to the expansion in
revenue and sales aggregate, rather than a material optimization in
profitability margins.
Al-Shuhaili Metal Industries Co. ended the session
at SR55, unchanged.
Sahat Almajd Trading Co. also announced its
annual financial results for 2025.
A bourse filing revealed that the firm’s net
profit reached SR20.06 million in 2025, reflecting a 0.05 percent jump compared
to 2024 figures.
The rise in net profit during the period was
driven by higher revenues and stronger operational performance, supported by the
expansion of new branches and sales outlets, despite an increase in operating
expenses.
Sahat Almajd Trading Co. ended the session
at SR6.22, down 2.86 percent.
Professional Medical Expertise Co. also announced
its annual financial results for the period ending on Dec. 31, 2025.
According to a Tadawul statement, the firm
recorded a net profit of SR41.6 million in 2025, up 50.85 percent compared to
the year prior.
The increase mainly reflects improved operational
efficiency and higher profit margins, driven by increased sales and enhanced
productivity of the sales force.
Professional Medical Expertise Co. ended the
session at SR104.50, up 0.30 percent.