Saudi stock market index closes lower at 10,749 points

Saudi Arabia's main stock index concluded on Saturday with a decline of 28.43 points, totaling a value of 2.6 billion riyals. The index closed at 10,749.51 points, according to the Saudi Stock Exchange's daily economic bulletin. During the trading session, 148 million shares were exchanged, with 45 stocks experiencing a rise in share prices and 219 companies witnessing a decrease.

Notable gains were seen for Sinomi Retail, Nafudh, Intaj, Madinat Al Maarefa, and Emaar shares. On the other hand, Musharaka Mutakamilah, Laden, Al Ittihad, Marna, and Amana experienced the steepest declines, with percentage changes between 5.78% and 9.01%. The report highlighted Alkathiri, Anabib, Batek, Laden, and Saudi Aramco as the most active stocks by trading volume. In terms of trading value, Al Rajhi, Saudi Aramco, Electric Industries, Alinma, and STC led the pack.

The parallel market index (Nomu) made a notable rise of 114.83 points, closing at 21,512.76 points. The trading value surpassed SAR 24 million, with over 3.5 million shares changing hands.