Saudi stock market index closes higher at 10,589 points

Saudi Arabia’s main stock index closed higher on Wednesday, gaining 45.62 points to end at 10,589.72 points, with total trading value reaching 4.6 billion riyals (SAR).

According to the Saudi stock market’s daily economic bulletin, 212 million shares were traded. Shares of 122 companies rose in value, while 129 companies saw declines.

Tabuk Agricultural Development, Middle East Paper, Takween, Printing and Packaging, and Amlak were among the top gainers during the session. Meanwhile, Al-Tawuniya, Chemanol, Riyadh Cement, Saudi Group, and Al Babtain led the list of decliners. The fluctuations in share prices ranged between a 10.00% increase and a 9.99% decrease.

In terms of trading activity, Americana, Saudi Aramco, Petro Rabigh, Al Ahli, and Al Rajhi were the most active by volume. Al Rajhi, Al Ahli, Saudi Aramco, stc, and Al-Tawuniya were the most active by value.

Parallel market index also rises

Meanwhile, the Saudi parallel market index (Nomu) closed up by 65.17 points at 21,834.98 points, with trading value reaching 10 million riyals and over 1.7 million shares traded.