https://arab.news/2cgc8
RIYADH: 海角直播鈥檚 Tadawul All Share Index was steady on Tuesday, as it marginally declined by 0.04 percent, or 3.87 points, to close at 10,881.71.
The total trading turnover of the benchmark index was SR4.02 billion ($1.07 billion), with 90 of the listed stocks advancing and 160 declining.
海角直播鈥檚 parallel market Nomu gained 247.32 points to close at 26,769.86.
The MSCI Tadawul Index slid marginally by 0.05 percent to 1,406.86.
The best-performing stock on the benchmark index was Alistithmar AREIC Diversified REIT Fund, as its share price climbed by 8.62 percent to SR8.44.
The share price of Tamkeen Human Resource Co. increased by 5.73 percent to SR57.20.
Lumi Rental Co. also saw its stock price advance by 2.79 percent to SR60.70.
Conversely, the share price of Fawaz Abdulaziz Alhokair Co., also known as Cenomi Retail, declined by 5.18 percent to SR22.71.
On the announcements front, Basma Adeem Medical Co. said that its net profit for the first half of this year reached SR2.55 million, representing a rise of 7.25 percent compared to the same period in 2024.
In a Tadawul statement, the healthcare firm attributed the rise in net profit to higher revenues driven by increased operational capacity, including the expansion of clinics and hiring additional doctors to meet increased demand.
The share price of Basma Adeem Medical Co. increased by 1.78 percent to SR5.16.
Service Equipment Co. announced that its net profit for the first half of 2025 declined by 40.06 percent year on year to SR4.56 million.
According to a Tadawul statement, the drop in net profit was due to higher operating, selling and marketing expenses, as well as a rise in shipping and transportation costs.
The share price of Service Equipment Co., listed on 海角直播鈥檚 parallel market, dropped by 9.56 percent to SR59.60.
Jabal Omar Development Co. announced that it signed a Murabaha financing agreement valued at SR2 billion with Al Rajhi Bank to refinance existing facilities.
In a Tadawul statement, Jabal Omar Development Co. said that the financing facility has a tenure of five years, and it can be extended to an additional three years.
The firm鈥檚 share price declined by 0.96 percent to SR18.63.
Retail investors started subscribing to 960,000 shares of Marketing Home Group for Trading Co. as a part of its initial public offering, on the Kingdom鈥檚 main market at SR85 each based on the book building process.
In a statement, Tadawul said that the offering will run until Aug. 20.
In March, 海角直播鈥檚 Capital Market Authority had greenlit the company鈥檚 request to float 4.8 million shares, representing 30 percent of its SR160 million capital, divided into 16 million shares at a par value of SR10 each.