Saudi stock market index closes higher at 10,705 points

Saudi Arabia’s main stock market index closed higher on Saturday, gaining 116.15 points to end at 10,705.87, with trading value reaching 3.7 billion riyals (SAR).

According to the daily economic bulletin from the Saudi Press Agency, a total of 176 million shares were traded. Shares of 200 companies advanced in value, while 59 companies saw declines.

Among the top gainers were L’azurde, Care, Retal, Bupa Arabia, and Tawuniya. The biggest decliners included Chemanol, Elm, Takween, Catheon, and SABIC Agri-Nutrients. Price changes ranged from a 9.97% increase to a similar decrease.

In terms of trading activity, Americana, Al-Andalus for Sports, Saudi Aramco, Petro Rabigh, and Al Rajhi were the most actively traded by volume. Al Rajhi, Elm, Saudi Aramco, Alinma, and Ma’aden led in terms of trading value.

Meanwhile, the parallel market index (Nomu) also closed higher, rising 60.03 points to 21,895.01, with trades valued at 8 million riyals and over 1.6 million shares exchanged.