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RIYADH: º£½ÇÖ±²¥â€™s Tadawul All Share Index fell 0.35 percent to close at 11,163.96 on Monday, weighed by losses in several blue-chip stocks. 

Trading activity remained robust, with turnover reaching SR7.3 billion ($1.9 billion), with the market recording 118 advancers versus 133 decliners. 

The MSCI Tadawul 30 Index slipped 0.36 percent to end at 1,428.86, while the parallel market Nomu rose 0.34 percent to finish at 27,341.63. 

Fawaz Abdulaziz Alhokair Co. led the main market gainers with a 9.96 percent rise to SR24.62. 

National Metal Manufacturing and Casting Co. followed with a 9.29 percent gain, closing at SR16.83. 

Other notable performers included Buruj Cooperative Insurance Co., which advanced 7.40 percent to SR18.00, and The Mediterranean and Gulf Insurance and Reinsurance Co., up 7.16 percent at SR20.06. 

On the downside, Al Maather REIT Fund recorded the steepest decline, falling 3.33 percent to SR9.01. 

Etihad Etisalat Co. dropped 3.10 percent to SR59.30, while MBC Group Co. slipped 2.99 percent to SR35.70. Rasan Information Technology Co. also retreated 2.69 percent to close at SR86.90. 

On the announcement front, ACWA Power Co. released details regarding its planned capital increase through a rights issue. 

The company set the offering price at SR210 per share, with a total of 33,928,570 new shares to be issued. 

Following the offering, ACWA Power’s capital will rise from SR7.33 billion to SR7.66 billion, increasing the total number of shares to 766,490,498. 

The transaction represents 4.63 percent of the issuer’s existing capital and is valued at SR7.12 billion. 

ACWA Power said the proceeds will support its strategy to triple the assets under management by 2030 and strengthen its financial position. 

Eligibility for the rights issue will apply to shareholders registered at the end of the second trading day following the date of an extraordinary general assembly. 

ACWA Power shares closed up 4.07 percent on Monday at SR256.00, with over 1.1 million shares traded.