Closing Bell: Saudi stocks extend gains as Tadawul closes at 3-week high
- Saudi Arabia’s Tadawul All Share Index rose by 61.38 points, or 0.61%, closing at 10,168.10, marking its highest level since October 19.
- Trading volume reached approximately 292.2 million shares valued at nearly SR4.91 billion ($1.31 billion), with 232 advancing companies and 31 declining.
- The Nomu parallel market increased by 167.02 points, or 0.77%, to finish at 21,853.59, with 41 stocks advancing compared to 26 declining.
- United Wire Factories Co. (Aslak) led gainers, surging 9.97% to close at SR18.86, while Saudi Manpower Solutions Co. saw the largest drop, falling 5.22% to SR4.72.
- Aljazira Bank plans to fully redeem its SR2 billion Tier 2 sukuk on December 8, 2026, after receiving regulatory approval.
- MBC Group reported a net loss of SR509.8 million for the first nine months of 2026, attributed to decreased revenue from advertising amid geopolitical tensions.
