RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Sunday, losing 27.50 points, or 0.25 percent, to close at 10,967.94.
The total trading turnover of the benchmark index was SR2.91 billion ($768 million), as 77 stocks advanced and 179 retreated.
Similarly, the Kingdom’s parallel market Nomu lost 161.37 points, or 0.70 percent, to close at 22,833.63. This comes as 33 stocks advanced while 42 retreated.
The MSCI Tadawul Index lost 4.25 points, or 0.29 percent, to close at 1,468.43.
The best-performing stock of the day was Arabian Shield Cooperative Insurance Co., whose share price surged 7.27 percent to SR11.80.
Other top performers included Saudi Enaya Cooperative Insurance Co., whose share price rose 6.95 percent to SR12.15, as well as Kingdom Holding Co., whose share price surged 6.38 percent to SR11.01.
Gulf Insurance Group recorded the steepest decline, falling 4.87 percent to SR26.96.
Rasan Information Technology Co. also saw its stock price fall 4.26 percent to SR141.70.
The Power and Water Utility Co. for Jubail and Yanbu also saw its stock price decline 4.19 percent to SR38.
On the corporate front, Dr. Soliman Abdel Kader Fakeeh Hospital Co., also known as Fakeeh Care Group, signed a memorandum of understanding with Samsung C&T Corp.’s Saudi unit to explore joint development opportunities for healthcare projects in the Kingdom and the deployment of AI-powered smart hospital systems.
According to a Tadawul filing, the one-year agreement, aligned with Saudi Vision 2030, aims to strengthen healthcare infrastructure, integrate advanced technologies into healthcare services, and bolster the Kingdom’s position as a regional hub for healthcare innovation.
Fakeeh Care Group ended the session at SR38.40, down 0.86 percent.
Saudi Chemical Co. Holding, through one of its subsidiaries, has announced the signing of a contractual agreement with the National Co. for Mechanical Systems to supply military materials.
A bourse filing showed that the agreement’s value will be determined by purchase orders issued by the other party based on an agreed annual quantity list, with a total maximum cap of $198 million. The financial impact of the five-year agreement is expected to be positive and will be reflected in the company’s financial statements starting from the fourth quarter of 2026.
Saudi Chemical Co. Holding ended the session at SR8.47, down 1.33 percent.
