Saudi stock market closes higher at 11,032 points with SAR 3.8bn in trades

Saudi Arabia’s main stock index closed on Wednesday at 11,032.91 points, rising by 20.73 points, with total trading value reaching SAR 3.8 billion.

According to the daily economic bulletin from the Saudi Press Agency, 204 million shares were traded. Shares of 141 companies gained in value, while 111 companies saw declines.

The top gainers included Al-Masafi, Walaa, SASCO, JAZADCO, and Knowledge City. On the other hand, shares of Taiba, MIS, Saudi Ground Services, Attaa, and Ayan posted declines. Among these top movers, changes ranged from a 4.85% increase to a 2.49% decrease.

In terms of trading activity, Al Kathiri, Ban, Kayan Saudi, Petro Rabigh, and Americana were the most active by volume. Al Rajhi, Petro Rabigh, Saudi Aramco, Alinma, and stc were among the most active by value.

Parallel market index also rises

Meanwhile, the Saudi parallel market index (Nomu) closed up by 88.42 points at 21,786.38 points, with trades totaling SAR 13 million and more than 2 million shares exchanged.