Closing Bell: Saudi main market sheds 84 points

06/05/2026 04:58 AST

Saudi Arabia's benchmark Tadawul All Share Index fell 83.68 points, or 0.75 percent, on Tuesday to close at 11,006.97.

The MT30 index declined 9.68 points, or 0.66 percent, to 1,466.15, while the parallel market Nomu dropped 80.77 points, or 0.35 percent, to 22,726.20.

Trading turnover on the main market reached 285,241,892 shares, with a total value of SR5.06 billion ($1.35 billion). A total of 44 stocks advanced, while 216 declined.

Consolidated Grunenfelder Saady Holding Co. led gainers, rising 6.47 percent to SR7.90. Al-Dawaa Medical Services Co. advanced 6.28 percent to SR49.74, while Saudi Enaya Cooperative Insurance Co. gained 4.06 percent to SR11.54.

Liva Insurance Co. rose 3.9 percent to SR10.91, and Rabigh Refining and Petrochemical Co. increased 2.67 percent to SR14.60.

On the losing side, Red Sea International Co. declined 5.91 percent to SR25.80. Saudi Ground Services Co. dropped 4.56 percent to SR30.54.

Al-Rajhi Co. for Cooperative Insurance lost 4.42 percent to SR106, and National Co. for Learning and Education decreased 4.36 percent to SR118.50.

The Capital Market Authority announced that it has licensed Miza Capital to conduct investment management and advising activities in the securities business, adding that the company has completed the requirements to commence operations.

In a separate statement, the CMA approved the public offering of the Blominvest Saudi Equity Fund by Blominvest Saudi Arabia Co.

The authority said its approval indicates that regulatory requirements have been met and does not constitute a recommendation to subscribe.

Separately, the Saudi Exchange announced the lifting of the trading suspension on Aldawaa Medical Services Co. shares starting May 5.

The exchange stated that the suspension, which was imposed after the company did not disclose its financial statements for the period ending December 31, within the specified timeframe, has been lifted following the company's subsequent disclosure of its financial results on May 4.

Arab News