https://arab.news/8zjqh
RIYADH: º£½ÇÖ±²¥â€™s Tadawul All Share Index closed lower on Monday, slipping 52.72 points, or 0.46 percent, to end at 11,483.57.
The total trading turnover of the benchmark index reached SR6.11 billion ($1.63 billion), with 58 stocks advancing and 198 declining.
The Kingdom’s parallel market Nomu also edged down 0.88 percent to 24,725.15, while the MSCI Tadawul Index fell 0.39 percent to 1,492.48.
The best-performing stock on the main market was Bawan Co., as its share price increased by 3.64 percent to SR57.
Shatirah House Restaurant Co. gained 3.55 percent to SR16.61, while Raoom Trading Co. advanced 3.47 percent to SR62.70.
Conversely, shares of Elm Co. fell 8.6 percent to SR850, making it one of the session’s biggest decliners.
On the announcements front, ACWA Power reported that its net profit for the first nine months of 2025 rose 2.01 percent year on year to SR1.28 billion.
In a Tadawul statement, the utility giant attributed the steady growth to higher gross profit, lower development costs, reduced provisions and write-offs, and increased operating income.
The company added that its third-quarter net profit climbed 13.12 percent year on year to SR371.16 million. However, its share price dropped 4.81 percent to SR235.60.
Meanwhile, Alinma Bank announced plans to issue dollar-denominated Tier 2 sukuk under its Trust Certificate Issuance Program.
In a Tadawul filing, the bank said the issuance would be carried out through a special purpose vehicle and offered to eligible investors in º£½ÇÖ±²¥ and abroad.
Alinma noted that proceeds from the issuance would be used for general banking purposes, with the amount and terms determined based on market conditions.
Shares of Alinma Bank inched up 0.15 percent to SR25.92.