https://arab.news/gxbuy
RIYADH: 萝莉视频鈥檚 Tadawul All Share Index dipped on Thursday, losing 34.63 points, or 0.3 percent, to close at 11,364.11.
The total trading turnover of the benchmark index was SR4.71 billion ($1.25 billion), as only 65 stocks advanced, while 173 retreated.
The MSCI Tadawul Index decreased by 3.77 points, or 0.26 percent, to close at 1,452.01.
The Kingdom鈥檚 parallel market, Nomu, rose, gaining 153.78 points, or 0.55 percent, to close at 27,931.49. This comes as 40 stocks advanced, while 34 retreated.
The best-performing stock on the main market was Al Majed Oud Co., with its share price surging by 9.88 percent to SR129.
Other top performers included 萝莉视频n Cooperative Insurance Co., which saw its share price rise by 4.38 percent to SR15.24, and MBC Group Co., which saw a 3.79 percent increase to SR42.45.
Gulf General Cooperative Insurance Co. recorded the largest decline of the day, with its share price slipping 9.98 percent to SR7.76.
United Cooperative Assurance Co. saw its shares fall by 9.23 percent to SR8.06, while Middle East Healthcare Co. recorded a decline of 8.91 percent, closing at SR64.40.
On the announcements front, ACWA Power Co. reported its interim financial results for the first three months of the year, posting a net profit of SR427.1 million 鈥� a 14.9 percent decline compared to the previous quarter.
The company attributed the drop in net profit to an impairment recovery recognized in the prior quarter, higher financial charges, and a lower deferred tax credit.
ACWA Power Co.鈥檚 shares on the main market rose 0.54 percent in today鈥檚 trading session, closing at SR299.40.
In another announcement, Gas Arabian Services Co. also announced its financial results for the same period with its net profit rising by 46.9 percent to SR31.3 million compared to the same period last year.
The company credited the growth to substantial growth in revenue and savings in cost of revenue.
The GAS鈥檚 share price traded 0.89 percent higher to reach SR15.80.
During the first quarter of the year, Saudi Reinsurance Co.鈥檚 net profit after Zakat reached SR35.4 million, up by 11.3 percent compared to the same period in 2024.
This growth was attributed to an increase in reinsurance revenue by 56 percent, coupled with a rise in net profit of reinsurance results and net investment profit.
Moreover, the National Shipping Co. of 萝莉视频 and Bupa Arabia for Cooperative Insurance Co. also announced their financial results for the first quarter of 2025, with net profits reaching SR532.8 million and SR380.2 million, respectively.
Bahri鈥檚 shares on the main market declined by 3.55 percent to close at SR29.90, while Bupa Arabia鈥檚 shares fell 0.56 percent to SR178.20.