Closing Bell: Saudi main index ends lower at 11,090

05/05/2026 04:08 AST

Saudi Arabia's Tadawul All Share Index fell on Monday, losing 102.19 points, or 0.91 percent, to close at 11,090.65.

The total trading turnover of the benchmark index was SR6.08 billion ($1.62 billion), with 88 stocks advancing and 167 declining.

The MSCI Tadawul Index also decreased, down 17.20 points or 1.15 percent to close at 1,475.83.

The Kingdom's parallel market Nomu lost 131.43 points, or 0.57 percent, to close at 22,806.97. This comes as 23 of the listed stocks advanced, while 49 retreated.

The best-performing stock was Al Sagr Cooperative Insurance Co., with its share price surging by 9.99 percent to SR11.45.

Other top performers included Amana Cooperative Insurance Co., which saw its share price rise by 9.98 percent to SR6.83, and Saudi Enaya Cooperative Insurance Co., which saw a 6.74 percent increase to SR11.09.

Middle East Healthcare Co. was among the decliners, with its share price falling 7.31 percent to SR34.74.

Nofoth Food Products Co. fell 7.30 percent to SR8, while Al Majed Oud Co. declined 6.57 percent to SR133.60.

On the announcement front, Alqemam for Computer Systems Co. said it secured an IT maintenance and operations contract with the Emirate of Hail Region, valued at SR19.8 million.

According to a Tadawul statement, the contract will span 36 calendar months from the date of signing, which is yet to be announced.

The deal covers the full scope of IT maintenance and operational services for the Emirate, further strengthening Alqemam's footprint in government technology contracts across Saudi Arabia.

The company's share price remained unchanged on the parallel market Nomu at SR68.50.

Arab News