Arab News
Arab news,
Wed, Oct 22, 2025 | Rabi al-Thani 30, 1447
Closing Bell: Saudi main index closes in red at 11,546
Saudi Arabia:
Saudi Arabia’s Tadawul All Share Index slipped on
Tuesday, falling 98.75 points, or 0.85 percent, to close at 11,545.80.
The benchmark index recorded a total trading
turnover of SR4.91 billion ($1.31 billion), with 35 stocks advancing and 221
declining.
The Kingdom’s parallel market Nomu also shed
149.66 points, or 0.59 percent, to close at 25,072.11.
Meanwhile, the MSCI Tadawul Index fell 0.73
percent to 1,507.47.
Al Majed Oud Co. was the best-performing stock on
the benchmark index, as its share price increased by 3.36 percent to SR135.20.
The share price of Americana Restaurants
International rose 2.40 percent to SR2.13.
Arabian Contracting Services Co. also saw its
stock price climb by 1.79 percent to SR108.10.
Conversely, the share price of Yamama Cement Co.
declined by 9.99 percent to SR28.46.
On the announcements front, Alinma Bank reported a
net profit of SR4.67 billion for the first nine months of 2025, up 8.61 percent
compared to the same period of the previous year.
In a Tadawul statement, the financial institution
attributed this rise to growth in financing and investments volume. Its
third-quarter net profit rose 1.30 percent year on year to SR1.59 billion.
Alinma Bank’s share price declined 0.53
percent to SR26.20.
Bank Aljazira also released its results, reporting
a nine-month net profit of SR1.14 billion, a 20.42 percent increase from the
previous year.
According to a Tadawul statement, this rise in
profit was driven by a higher income from financing and investments, which
increased as a result of portfolio growth.
The financial institution’s third-quarter profit
stood at SR400.1 million, marking an increase of 20.82 percent compared to the
same period in 2024.
The share price of Bank Aljazira dropped by 1.85
percent to SR12.72.