Saudi stock market closes higher at 9,986 points with SAR 7.1bn in trades

The Saudi stock market index surged 224.67 points to close at 9,986.45 points, according to the daily economic bulletin from the Saudi Press Agency. The total trading value for the day amounted to SAR 7.1 billion, with a total of 441 million shares exchanged. Out of the listed companies, 237 shares saw an increase in value, while 30 shares experienced a decline.

Notable among the top gainers were BinDawood, Qassim Cement, Saudi Ceramic, Alamar, and Shams. On the other hand, National Education, Nahdi, Arabian Cement, Alujain, and Abdullah Al Othaim Markets were among the most significant decliners. Price fluctuations ranged from a 10.00% increase to a 6.48% decrease.

The most actively traded stocks by volume included Americana, National Steel, Batic, Laden, and Anaam Pipes. Conversely, Al Rajhi, Al Ahli, Saudi Aramco, Alinma, and stc led in terms of trading value. Meanwhile, the parallel market index (Nomu) also experienced an upward trend, closing at 21,537.38 points, which represented a gain of 325.66 points. The trading value for Nomu reached 17 million riyals, with more than 3.7 million shares changing hands.