Closing Bell: Saudi Main Market Rises 43 Points to 11,158

RIYADH: Saudi Arabia’s benchmark Tadawul All Share Index gained 43.38 points, or 0.39 percent, on Monday to close at 11,158.45. 

The MT30 index rose 3.31 points, or 0.22 percent, to 1,492.94, while the parallel market Nomu slipped 9.38 points, or 0.04 percent, to 22,635.06. 

Trading turnover on the main market reached 319.18 million shares, with a total value of SR7.74 billion ($2 billion). A total of 135 stocks advanced, while 112 declined.  

Saudi Arabian Dairy and Foodstuff Co. led gainers, rising 9.97 percent to SR230.50. Almarai Co. advanced 9.97 percent to SR45.22, while National Agricultural Development Co. gained 9.07 percent to SR17.44.  

Middle East Specialized Cables Co. rose 8.26 percent to SR32.50, and Acwa increased 8 percent to SR199.90. 

On the losing side, Jahez International Co. for Information System Technology declined 7.07 percent to SR13.01. Advanced Building Industries Co. fell 3.44 percent to SR34.76, while Dallah Healthcare Co. dropped 3.11 percent to SR112.  

Jouf Cement Co. lost 2.95 percent to SR5.27, and AFG International Co. decreased 2.87 percent to SR14.90. 

The Saudi Exchange announced the lifting of trading suspensions on the shares of Osool and Bakheet Investment Co. and Rawasi Albina Investment Co., effective May 11.

The exchange stated that both companies had previously been suspended after failing to disclose their financial statements for the period ending Dec. 31, 2025, within the specified timeframe.  

Trading resumed after Osool and Bakheet Investment Co. published its financial results on May 10, while Rawasi Albina Investment Co. disclosed its statements on May 7. 

In separate announcements, the Saudi Exchange said fluctuation limits for Taiba Investments Co. and United International Holding Co. would be based on adjusted share prices of SR20.42 and SR43.74, respectively, following shareholder approval of capital increases through bonus share distributions. 

The exchange added that outstanding orders for both companies would be canceled, while the Securities Depository Center is scheduled to deposit the bonus shares into investors’ portfolios by May 13.