The Tadawul All Share Index in Saudi Arabia ended the trading session with a decline, closing at 11,096.65 points, down by 206.11 points or 1.82%. The trading volume reached SR6.83 billion, with 23 stocks rising and 225 falling.
The MSCI Tadawul Index also experienced a drop of 23.02 points, or 1.61%, ending at 1,409.46. The Nomu parallel market saw a decrease, closing at 28,369.89 points, down 103.58 points or 0.36%, with 24 stocks gaining and 57 declining.
Raoom Trading Co. was the top performer, with shares climbing 3.56% to SR168.80. Other notable gainers included Al-Rajhi Co. for Cooperative Insurance, up 2.86% to SR129.60, and Saudi Paper Manufacturing Co., which rose 2.74% to SR60.
Almoosa Health Co. shares increased by 2.49% to SR140, while Saudia Dairy and Foodstuff Co. saw a 1.55% rise to SR301.60. On the downside, Bank Albilad led the losses, dropping 6.39% to SR32.25. Sadr Logistics Co. fell 6.08% to SR2.78, and Kingdom Holding Co. declined by 5.87% to SR7.86.
Sustained Infrastructure Holding Co. and Derayah Financial Co. also faced significant declines, falling 5.85% and 5.83%, respectively. In the Nomu market, Balady Poultry Co. was the top gainer, with a 13.79% increase to SR330, followed by Tam Development Co. rising 8.55% to SR165.00 and Balsm Alofoq Medical Co. up 8.19% to SR77.90.
Digital Research Co. and Al-Razi Medical Co. were among other gainers in the parallel market. However, Knowledge Net Co. saw the biggest decline, with shares dropping 10.98% to SR30. Naas Petrol Factory Co. and Mulkia Investment Co. also suffered steep losses, falling 9.09% to SR60 and 8.89% to SR41, respectively.