Closing Bell: Saudi stock market closes down 0.26%
- The Tadawul All Share Index in Saudi Arabia decreased by 25.44 points, or 0.26%, closing at 9,926.62.
- Overall trading activity reached approximately 262.3 million shares, valued at around SR4.13 billion ($1.10 billion), with 60 stocks advancing and 207 declining.
- The Nomu parallel market fell by 270.67 points, or 1.24%, finishing at 21,596.05, while the MSCI Tadawul 30 Index dropped by 1.04 points, or 0.08%.
- Morabaha Marina Financing Co. led the gainers with a 9.48% increase, while Ladun Investment Co. experienced the largest decline at 8.54%.
- Scientific and Medical Equipment House Co. secured a SR23.69 million contract for medical device maintenance at King Fahad Specialist Hospital, expecting financial impacts from Q4 2026.
- Salama Cooperative Insurance Co. received approval to market a civil liability insurance product for corporate clients, with no disclosed revenue expectations.
