Saudi stock market closes higher at 10,505 points
The main Saudi stock index ended Wednesday up 112.87 points at 10,505.84, with trading value reaching 2.2 billion riyals.
The Saudi stock market recorded a positive close on Wednesday, with the main index surging 112.87 points to settle at 10,505.84 points, driven by a trading volume valued at SAR 2.2 billion. The Saudi Press Agency's economic bulletin revealed that 109 million shares changed hands on the day. Among the 220 companies whose shares were traded, 109 reported gains while 41 experienced declines.
Redan, Abu Maati, Armah, Sadaq, and Tadawul were among the leading gainers, while Enaya, Luberef, MIS, Lazurde, and Tabuk Agricultural were the top decliners. Price fluctuations during the trading session ranged from a 9.97% increase to a 3.94% decrease. Americana, Luden, Al Rajhi, Saudi Aramco, and Alinma stood out as the most actively traded shares by volume, while Al Rajhi, Ittihad Etisalat, Saudi Aramco, Alinma, and stc dominated the trading value.
The parallel market index, known as Nomu, also experienced an upward trend, climbing 175.98 points to close at 21,248.86 points. The trading volume for Nomu surpassed 1.7 million shares, with a trading value of SAR 16 million.
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