24/04/2026 03:05 AST
Saudi Arabia's Tadawul All Share Index slipped on Thursday, losing 135.40 points, or 1.2 percent, to close at 11,109.59.
The total trading turnover of the benchmark index was SR6.02 billion ($1.6 billion), as 45 of the stocks advanced and 212 retreated.
Similarly, the Kingdom's parallel market Nomu lost 9.98 points, or 0.04 percent, to close at 22,851.49. This comes as 29 of the stocks advanced while 39 retreated.
The MSCI Tadawul Index lost 21.15 points, or 1.40 percent, to close at 1,489.01.
The best-performing stock of the day was Saudi Darb Investment Co., whose share price surged 8.06 percent to SR2.28.
Other top performers included Rabigh Refining and Petrochemical Co., whose share price rose 6.88 percent to SR11.50, as well as BAAN Holding Group Co., whose share price surged 6.06 percent to SR2.10.
Advanced Petrochemical Co. recorded the most significant drop, falling 6.82 percent to SR25.14.
SABIC Agri-Nutrients Co. also saw its stock prices fall 5.05 percent to SR141.00.
National Industrialization Co. also saw its stock prices decline 4.71 percent to SR9.91.
On the announcement front, Jamjoom Pharmaceuticals Factory Co. has announced its interim financial results for the three-month period ending on March 31.
According to a Tadawul statement, the firm recorded a net profit of SR168 million during the first three months of the year, up 7.11 percent from the same period last year.
The rise in net profit is primarily linked to improved operating leverage, effective cost discipline, and favorable product and customer mix.
This resulted in a modest expansion in net profit margin to 34.9 percent during the quarter.
Jamjoom Pharmaceuticals Factory Co. ended the session at SR156.80, down 0.26 percent.
Etihad Etisalat Co., or Mobily, has announced its interim financial results for the first three months of 2026. A bourse filing revealed that the firm recorded a net profit of SR880 million during the first three months of the year, reflecting a 14.7 percent increase compared to the corresponding period a year earlier.
This jump in net profit is mainly due to a rise in gross profit and earnings before interest, tax, depreciation, and amortization, as well as an increase in operating profit and net other income and expenses. Zakat and income tax expense also saw an increase.
Mobily ended the session at SR65.55, with no change.
Arab News
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