Saudi delegation explores industry cooperation with German firms 

Saudi delegation explores industry cooperation with German firms 

RIYADH: Saudi Arabia’s Tadawul All Share Index showed its resilience on Thursday by edging up 38.23 points, or 0.34 percent, to close at 11,405.30.  

The benchmark index recorded a total trading turnover of SR5.02 billion ($1.34 billion), reflecting robust market activity. 

The session witnessed a mix of stock performances as 105 of listed stocks advanced, while 99 retreated.  

The Kingdom’s parallel market Nomu recorded a modest uptick of 17.29 points, or 0.07 percent, to close at 23,646.35. 

The MSCI Tadawul Index also rose slightly by 4 points, or 0.27 percent, to close at 1,475.10. 

Sadr Logistics Co. emerged as a standout gainer as its share price surged 6.29 percent, reaching SR3.38. Al Kathiri Holding Co. followed with a 5.46 percent increase, settling at SR2.94. 

Theeb Rent a Car Co. was another top performer as the company’s share price surged 4.14 percent to SR68.   

Among the other top gainers were Al-Babtain Power and Telecommunication Co. and Abdullah Saad Mohammed Abo Moati for Bookstores Co. 

Among the worst performers was Salama Cooperative Insurance Co. which recorded a 6 percent drop in its share price, closing at SR25. 

Al-Baha Investment and Development Co. as well as Maharah Human Resources Co. also faced declines of 5.88 percent and 2.81 percent, reaching SR0.16 and SR60, respectively.   

Other worst performers included Fawaz Abdulaziz Alhokair Co., also known as Cenomi Retail, and Middle East Healthcare Co. 

In the Nomu market, Enma AlRawabi Co. emerged as the frontrunner, experiencing a surge of 17.51 percent in its share price, reaching SR21.22. 

Nofoth Food Products Co. and Amwaj International Co. also