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Closing Bell: Saudi main index rises to close at 10,956

Total trading turnover of the benchmark index reached SR3.46 billion ($924 million), with 145 stocks advancing and 97 declining. File
Total trading turnover of the benchmark index reached SR3.46 billion ($924 million), with 145 stocks advancing and 97 declining. File
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Updated 27 July 2025

Closing Bell: Saudi main index rises to close at 10,956

Closing Bell: Saudi main index rises to close at 10,956

RIYADH: 黑料社区鈥檚 Tadawul All Share Index rose on Sunday, gaining 10.42 points, or 0.10 percent, to close at 10,956.22.

Total trading turnover of the benchmark index reached SR3.46 billion ($924 million), with 145 stocks advancing and 97 declining.

Similarly, the Kingdom鈥檚 parallel market Nomu climbed 92.76 points, or 0.34 percent, to close at 26,991.01, as 47 stocks advanced while 39 retreated.

The MSCI Tadawul Index also posted gains, adding 1.89 points, or 0.13 percent, to finish at 1,409.96.

The top performer of the day was Tourism Enterprise Co., with its share price surging 9.91 percent to close at SR1.22.

Other notable gainers included BAAN Holding Group Co., which rose 9.63 percent to SR2.39, and Raydan Food Co., which advanced 6.67 percent to SR14.24.

On the downside, Buruj Cooperative Insurance Co. recorded the biggest loss, falling 4.11 percent to SR18.20.聽

Fawaz Abdulaziz Alhokair Co. dropped 3.03 percent to SR29.46, while Saudia Dairy and Foodstuff Co. declined 2.84 percent to SR266.40.

In corporate disclosures, the National Agricultural Development Co. reported its consolidated financial results for the six-month period ending June 30. According to a Tadawul statement, the company posted a net profit of SR218.6 million, up 2.5 percent year on year.聽

The increase was attributed to higher revenue and treasury income, along with changes in cost of sales, selling and marketing expenses, impairment losses, financing costs, and other income and expenses.

NADEC shares ended the session at SR21.02, down 0.81 percent.

Meanwhile, Yanbu National Petrochemical Co. announced a net profit of SR58.2 million for the first half of the year, marking an 82 percent year-on-year decline.

The drop was primarily due to lower average selling prices across all products and higher input costs, despite increased sales volumes and stable operational performance.

Yanbu聽shares rose 2.88 percent, closing at SR29.42.

Sabic Agri-Nutrients Co. also released its interim financial results, reporting a net profit of SR2.04 billion for the first half of the year, reflecting a 32.2 percent increase compared to the same period last year.聽

The growth was driven by a 22 percent rise in sales, along with an increase in share of results from associates and joint ventures.

However, the rise was partially offset by higher costs of goods sold, mainly due to increased feedstock prices.

SABIC Agri-Nutrients Co.聽shares closed at SR117, up 2.15 percent.


Biban 2025: Day 3 sees more than $2bn pledged to support SMEs

Biban 2025: Day 3 sees more than $2bn pledged to support SMEs
Updated 08 November 2025

Biban 2025: Day 3 sees more than $2bn pledged to support SMEs

Biban 2025: Day 3 sees more than $2bn pledged to support SMEs

RIYADH: The third day of Biban Forum 2025 saw the signing of 11 agreements and memorandums of understanding and the launch of seven financing portfolios with a total value above SR7.6 billion ($2.03 billion).

These portfolios support entrepreneurial projects and the SME sector, according to the Saudi Press Agency. 

The Small and Medium Enterprises General Authority, also known as Monsha鈥檃t, signed cooperation agreements with Tarmeez Financial Co. to allocate SR4 billion to finance entrepreneurs and SMEs, and with Al-Taysir Arabia Finance Co. for SR3 billion. 

An agreement was also signed with Alfa Arabia Finance Co. for SR600 million, as part of joint financing programs aimed at enhancing growth and sustainability in the micro, small, and medium enterprises sector.

The agreements included collaboration with the Crafts Association to implement three training camps facilitating artisans' access to raw materials and skills development; with the Iktifaa Association to develop social entrepreneurship within the 鈥淢y Project 3鈥 initiative; with Gulf Saudi Co. to enable MSMEs and artisans to participate in sports and entertainment events; and with Jahez Co. within the 鈥淵our Project is Ready鈥 initiative to empower entrepreneurs to enter the world of e-commerce with training and technical support.

On the academic front, Monsha鈥檃t signed two agreements with Prince Sattam bin Abdulaziz University and the Arab Open University to raise awareness of entrepreneurship through workshops and training programs.

Monsha鈥檃t also signed an agreement with the King Salman Science Oasis to stimulate innovation and investment in technology and entrepreneurship. The forum featured several high-profile launches in the fields of entrepreneurship and innovation.

On the development finance front, the Sulaiman Abdulaziz Al Rajhi Foundation for Development Finance, in cooperation with the General Authority for Endowments, announced a financing product specifically for beneficiaries of the Jana Fund. 

This product supports productive families with loans ranging from SR60,000 to SR200,000, depending on the nature and size of the projects. Additionally, the Namouthaj Association launched a technology hackathon targeting non-profit organizations.

The Saudi Finance Co. launched a tax return financing program to support MSMEs through operational financing of up to SR750,000, utilizing expedited digital procedures to alleviate financial burdens. 

Furthermore, a specialized hackathon in the cultural sector was launched, aiming to empower entrepreneurs to establish their startups and adopt innovative solutions in the cultural field, as part of efforts to support the creative economy and foster entrepreneurship within the cultural sector.

These agreements reflect Monshaat's commitment to strengthening the entrepreneurship ecosystem in the Kingdom by building strategic local and international partnerships that contribute to empowering entrepreneurs, expanding growth opportunities for MSMEs, and supporting innovation and economic diversification in line with the objectives of the Kingdom's Vision 2030.