Arab News
Arab
News, Thu, Nov 06, 2025 | Jumada al-Awwal 15, 1447
Closing Bell: Saudi benchmark index closes in red at 11,257
Saudi Arabia:
Saudi Arabia’s Tadawul All Share Index slipped on
Wednesday, shedding 141.55 points, or 1.24 percent, to close at 11,256.74.
The total trading turnover on the benchmark index
was SR4.94 billion ($1.32 billion), with 34 stocks advancing and 224 declining.
The Kingdom’s parallel market Nomu also fell
173.29 points to close at 24,411.19, while the MSCI Tadawul Index edged down
1.18 percent to 1,465.75.
The best-performing stock on the main market was
Perfect Presentation for Commercial Services Co., as its share price rose 6.22
percent to SR9.56. Raydan Food Co. also gained 3.82 percent to SR30.96.
Conversely, shares of Allied Cooperative Insurance
Group fell 9.96 percent to SR10.85, ranking among the session’s weakest
performers.
On the announcements front, Derayah Financial Co.
reported that its net profit for the first nine months of 2025 fell 6.94 percent
year on year to SR312.96 million.
In the third quarter, the company posted a net
profit of SR99.68 million, down 7.96 percent compared with the same period last
year.
Derayah’s shares slipped 2.36 percent to
SR27.34.
Meanwhile, Savola Group said its net profit for
the first nine months of 2025 rose 2.3 percent year on year to SR680.42 million,
supported by higher retail revenues from network expansion and increased food
manufacturing sales.
Savola’s third-quarter net profit surged
112.99 percent to SR385.56 million, while its share price gained 3.73 percent to
SR24.74.