Closing Bell: Saudi main index closes in red at 11,593 

The benchmark index recorded a total trading turnover of SR3.25 billion ($870 million), with 174 listed stocks advancing and 75 declining. Shutterstock
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RIYADH: ֱ’s Tadawul All Share Index slipped on Sunday, shedding 18.23 points, or 0.16 percent, to close at 11,593.45. 

The benchmark index recorded a total trading turnover of SR3.25 billion ($870 million), with 174 listed stocks advancing and 75 declining. 

The Kingdom’s parallel market Nomu fell 9.42 points to close at 25,039.36, while the MSCI Tadawul Index declined 0.32 percent to 1,508.43. 

The best-performing stock on the main market was Canadian Medical Center Co., whose share price rose 5.91 percent to SR8.60.  

Saudi Automotive Services Co. advanced 5.65 percent to SR72, while LIVA Insurance Co. climbed 5.03 percent to SR14.19. 

Conversely, United Cooperative Assurance Co. saw its share price drop 5.33 percent to SR4.80. 

On the announcements front, SABIC Agri-Nutrients Co. reported a net profit of SR3.33 billion for the first nine months of this year, up 40.49 percent compared with the same period in 2024. 

In a Tadawul statement, the company said the rise in profit was driven by a 23 percent increase in sales, supported by a 17 percent gain in average selling prices.  

The share price of SABIC Agri-Nutrients Co. slipped 0.49 percent to SR123.10. 

Mobile Telecommunication Co. ֱ, also known as Zain KSA, said its net profit rose 15.83 percent year on year in the first nine months to reach SR373 million.  

Zain KSA’s stock price gained 2.75 percent to SR11.59. 

Modern Mills for Food Products Co. reported an 8.58 percent year-on-year increase in net profit for the first nine months to SR171.45 million.  

In a Tadawul statement, the company attributed the rise to growth across all categories, led by flour.

“This strong performance was driven by topline growth and effective financial management, resulting in lower financing costs,” said the company.  

The share price of Modern Mills for Food Products Co. rose 1.18 percent to SR34.40.