https://arab.news/2p6qh
- Parallel market Nomu dropped 60.93 points to close at 26,648.71
- MSCI Tadawul Index lost 0.24% to reach 1,406.76
RIYADH: 萝莉视频鈥檚 Tadawul All Share Index declined on Thursday, losing 16.44 points, or 0.15 percent, to close at 10,930.30.
The total trading turnover of the benchmark index stood at SR4.53 billion ($1.209 billion), with 120 listed stocks advancing and 128 declining.
The Kingdom鈥檚 parallel market Nomu dropped by 60.93 points to close at 26,648.71.
The MSCI Tadawul Index also decreased, falling 0.24 percent to reach 1,406.76.
The top performer on the main market was Bawan Co., whose share price rose 9.94 percent to SR58.60.
The share price of Banan Real Estate Co. also rose 9.73 percent to SR4.96.
Al Sagr Cooperative Insurance Co. saw its stock price increase by 5.76 percent to SR13.22.
Abdullah Saad Mohammed Abo Moati for Bookstores Co. witnessed a drop in its share price by 4.83 percent to SR39.78.
In corporate announcements, 萝莉视频n Mining Co., known as Ma鈥檃den, recorded a net profit of SR1.92 billion in the second quarter of the year, up 87.7 percent from SR1.02 billion in the same quarter of 2024.
The company attributed the sharp rise in quarterly profit to an SR1.34 billion increase in gross profit, driven by higher sales prices and volumes across the phosphate, aluminum, and gold business units.
Additional contributors included improved earnings from joint ventures and associates, reduced finance costs, and lower zakat, tax, and severance expenses.
National Gas and Industrialization Co. reported revenues of SR1.57 billion for the first half of 2025, marking a 16.9 percent rise from SR1.35 billion in the same period last year.
The revenue increase was largely driven by a SR227 million rise in gas sales, due to higher gas prices and volumes, according to the company鈥檚 financial report. Additional boosts came from increased sales of empty cylinders by SR6.5 million and other services by SR8.9 million. This came despite a SR14.4 million decline in commercial project revenues.
National Gas and Industrialization Co.鈥檚 share price climbed 0.92 percent to SR76.7.
Obeikan Glass Co. posted a net profit of SR10.86 million in the second quarter, reflecting a 4.1 percent decline from SR11.33 million in the same period last year.
The company attributed the annual decline in net profit to a rise in raw material costs, which weighed on profitability despite higher selling prices.
Obeikan Glass Co.鈥檚 share price rose 0.44 percent to SR31.66.
Al Hammadi Holding reported a net profit of SR61.96 million in the second quarter, marking a 47.4 percent decline from SR117.87 million in the same quarter of 2024.
The company attributed the year-on-year drop in net profit to a one-off SR55.27 million gain realized in the second quarter of last year from the sale of a vacant land plot in Riyadh鈥檚 Al-Rayyan district.
Al Hammadi Holding鈥檚 share price fell 4.44 percent to SR34.88.
Savola Group reported a net profit of SR105.7 million in the second quarter, down 21.9 percent from SR135.4 million in the same period last year.
The firm attributed the year-on-year decline in reported net profit primarily to the absence of a SR210.8 million share of profit from its previously distributed investment in Almarai and SR23.1 million in discontinued operations, which were recorded in the same period last year.
Savola Group鈥檚 share price decreased by 1.77 percent to SR24.4.