RIYADH: The Saudi Exchange ended Sunday’s session higher, with the Tadawul All Share Index rising 0.29 percent to close at 11,528.59 points, gaining 32.87 points.
Total trading volume reached 248.78 million shares, with a turnover of SR4.30 billion ($1.15 billion). Market breadth was positive, with 176 gainers against 79 decliners.
The MSCI Tadawul 30 Index edged up 0.15 percent to 1,501.95 points, while the parallel market Nomu increased 0.67 percent to close at 25,475.72 points.
Obeikan Glass Co. led the gainers, climbing 7.72 percent to SR36.00. National Shipping Co. of Saudi Arabia followed with a 5.66 percent rise to SR29.86, while Sport Clubs Co. gained 5.17 percent to SR11.19.
Al Khaleej Training and Education Co. added 5.06 percent to SR27.84, and Amlak International for Real Estate Finance Co. rose 4.75 percent to SR12.79.
Among the day’s top decliners, Sumou Real Estate Co. dropped 2.58 percent to SR39.20, and Northern Region Cement Co. slipped 2.18 percent to SR8.06.
Saudi Reinsurance Co. fell 2.01 percent to SR47.74, Naseej International Trading Co. was down 2.00 percent to SR88, and Derayah Financial Co. decreased 1.76 percent to SR30.20.
On the announcements front, Shmoh AlMadi Co. said its board of directors approved the distribution of cash dividends amounting to SR4.7 million for the first half of the 2025 fiscal year.
The dividend represents SR0.50 per share, or 10 percent of the share’s nominal value. Eligibility will be for shareholders owning shares at the end of trading on Oct. 12, with distribution scheduled for Oct. 22 through the Securities Depository Center Co.
The company’s shares closed at SR13.20, rising 9.73 percent.
Meanwhile, Atlas Elevators General Trading and Contracting Co. announced its board of directors approved cash dividends totaling SR2.9 million for the first half of fiscal year 2025.
The payout amounts to SR0.50 per share, or 8.47 percent of the share’s nominal value. Eligible shareholders are those registered at the end of trading on Oct. 9, with distribution starting Oct. 21 via Edaa.
Atlas Elevators shares ended at SR16.75, down 0.30 percent.
Source: www.arabnews.com