RIYADH: Saudi Arabia’s benchmark Tadawul All Share Index fell 99.97 points, or 0.88 percent, to close at 11,244.99 on Wednesday.
The MT30 index declined 12.41 points, or 0.82 percent, to 1,510.16, while the parallel market Nomu rose 1.18 points, or 0.01 percent, to 22,861.47.
Trading turnover on the main market reached 280,786,424 shares, with a total value of approximately SR5 billion ($1.3 billion). A total of 76 stocks advanced, while 176 declined.
Jahez International Co. for Information Systems Technology led gainers, rising 9.94 percent to SR13.94.
Tanmiah Food Co. advanced 7 percent to SR65.70, while Saudi Enaya Cooperative Insurance Co. gained 6.37 percent to SR9.18.
Kingdom Holding Co. rose 3.98 percent to SR10.70, and Al Sagr Cooperative Insurance Co. increased 3.09 percent to SR10.33.
On the losing side, Al-Dawaa Medical Services Co. declined 5.89 percent to SR49.36.
Advanced Petrochemical Co. fell 4.12 percent to SR26.98, while Bank Albilad dropped 3.77 percent to SR26.02. Saudi Industrial Investment Group decreased 3.69 percent to SR13.31.
On the announcement front, the Saudi Exchange announced adjustments to single stock options and single stock futures contracts for Alinma Bank, following the bank’s capital increase through bonus share distribution.
The exchange stated that contract codes, strike prices, reference prices, and contract sizes for Alinma Bank derivatives will be adjusted, in line with the capital increase. The adjustments apply to both options and futures contracts linked to the bank’s underlying shares.
Alinma Bank shares fell 0.45 percent to SR24.54.
In a separate statement, the Saudi Exchange announced the temporary suspension of trading in Saudi Darb Investment Co. shares at the company’s request.
The exchange said the suspension will remain in place until the end of the trading session, as the company prepares to disclose a material event. Trading is scheduled to resume on April 23.
