Riyadh: Saudi Arabia's Tadaul Al Share index rose 6.73 points or 0.06 percent to close at 12,195.05 on Sunday.
Total trading volume of the benchmark index was SR6.12 billion ($1.63 billion), as 74 of the listed stocks advanced, while 154 retreated.
The MSCI Dow Jones Industrial Average also closed up 2.46 points, or 0.16 percent, at 1,529.46.
The Kingdom's parallel market NOMU closed up 67.8 points, or 0.26 percent, at 25,770.14. Out of this list, 27 stocks have increased while 34 have retreated.
The best performing stock of the day was Saudi Manpower Solutions Company, whose share price rose 9.88 percent to SR10.34.
Other top performers included Maharah Human Resources Company and Al-Baha Investment and Development Company, whose share prices rose 8.35 percent and 8.33 percent to SR6.88 and SR0.13, respectively.
The worst performer was the electronics industry company, whose share price fell 5.51 percent to SR6.00.
Other notable decliners included Alinma Hospitality REIT Fund and The Mediterranean and Gulf Insurance and Reinsurance Co., whose shares fell 3.38 percent to SR8.29 and 3.25 percent to SR29.80, respectively.
On the announcement front, Saudi Tadaul Holding Company reported a profit of SR146 million in the second quarter of 2024, a 55 percent increase from SR105.2 million in the same period last year.
The company attributed the increase to a 50.3 percent increase in operating revenue, which reached SR741.1 million in the first half of 2024, from SR493.0 million in the same period last year.
Saudi Arabia's Amiantit Company reported a net profit of SR5.11 million in the second quarter of 2024, reversing a net loss of SR10.08 million in the same quarter last year, marking a 150.7 percent improvement, according to a statement on the stock. .
This positive change was driven by a 17.4 percent increase in revenue due to expanded sales and a higher volume of new orders.
Kingdom Holding Co., Sumo Holding Co., and Jeddah Economic Company have signed an agreement to establish a SR6.8 billion fund to acquire Alinma Jeddah Economic Fund, currently wholly owned by Jeddah Economic Company. 40 percent stake in the new fund.
