JEDDAH: Saudi Arabia’s Tadawul All Share Index climbed 140.27 points, or 1.38 percent, on Wednesday to close at 10,308.37, extending its gains for a third consecutive session.
Trading volume reached 270.1 million shares, with a combined value of approximately SR4.78 billion ($1.27 billion) across 458,073 transactions. Of the listed companies, 210 advanced, while 52 declined.
The Nomu parallel market advanced 94.98 points, or 0.43 percent, to close at 21,948.57, with 44 stocks advancing and 23 declining.
The MSCI Tadawul 30 Index also gained 18.45 points, or 1.34 percent, to end the session at 1,397.82.
Raoom Trading Co. and Knowledge Economic City led the market’s gainers, each rising 9.95 percent to close at SR80.70 and SR20.99, respectively.
Nofoth Food Products Co. advanced 9.38 percent to SR6.65, while Saudi Cable Co. gained 9.32 percent to close at SR179.50.
On the downside, Advanced Building Industries Co. was the biggest decliner, dropping 6.48 percent to SR24.09.
Anaam International Holding Group fell 4.65 percent to SR11.90, followed by Development Works Food Co., which shed 4.60 percent to close at SR69.50.
Corporate disclosures Saudi Cable Co. announced that the Capital Market Authority had approved the company’s application to increase its capital by SR400 million through a rights issue, according to a bourse filing.
