In Saudi Arabia, the Tadawul All Share Index increased by 5.38 points or 0.04 percent to close at 12,728.53 during Thursday’s trading session. The total trading turnover for the benchmark index was SR14.36 billion ($3.89 billion), with 126 stocks advancing and 93 declining. In the parallel market, Nomu, the index went up by 308.5 points or 1.16 percent, closing at 26,989.40, with 43 stocks advancing and 25 retreating.
The MSCI Tadawul Index also saw a rise of 0.88 points or 0.05 percent to close at 1,606.22.
The top-performing stock of the day was Wafrah for Industry and Development Co., which rose by 9.97 percent to SR49.10.
Yanbu Cement Co., one of the leading cement manufacturers in Saudi Arabia, announced its annual consolidated financial results for the period ending December 31. The company reported a net profit of SR119.92 million, down 44
