RIYADH: Saudi Arabia’s Tadawul All Share Index fell on Thursday, shedding 31.76 points, or 0.29 percent, to close at 11,006.98.
The benchmark index recorded a total trading turnover of SR4.19 billion ($1.12 billion), with 125 stocks advancing and 117 declining.
The Kingdom’s parallel market Nomu also slipped, losing 50.11 points to close at 27,294.97.
The MSCI Tadawul Index dropped 0.32 percent to settle at 1,410.87.
LIVA Insurance Co. was the best performer on the main market, with its share price surging 9.94 percent to SR13.93.
Emaar The Economic City saw its shares rise by 5.15 percent to SR13.69, while Alistithmar AREIC Diversified REIT Fund gained 4.57 percent to reach SR9.15.
Tourism Enterprise Co. recorded the steepest decline, falling 6.45 percent to SR0.87.
On the announcements front, Lana Medical Co. said it secured multiple contracts worth SR57.1 million from the Ministry of Health.
According to a Tadawul statement, the first contract, valued at SR53.5 million, involves the collection and storage of hazardous waste at health centers, hospitals, and specialized facilities in the Al-Jouf region and Al-Qurayyat Governorate.
The second contract, worth SR3.6 million, covers the transportation of medical waste to the Riyadh First Health Cluster.
The company stated that the impact of these 60-month contracts will be reflected in its financial results starting in the fourth quarter of 2025.
In a separate filing, Lana Medical Co. announced a two-year agreement valued at SR10 million with the National Unified Procurement Co. to manage medical waste.
Shares of Lana Medical Co., listed on the Nomu parallel market, rose 7.98 percent to close at SR36.
Source: www.arabnews.com