Closing Bell: Saudi main market edged lower to close at 10,635

27/11/2025 02:43 AST

Saudi Arabia's benchmark Tadawul All Share Index closed lower on Wednesday, retreating 51.24 points, or 0.48 percent, to finish at 10,635.38.

Market activity saw 276.28 million shares traded, with a total value of SR5.50 billion ($1.4 billion). Overall, 90 stocks advanced, while 156 declined, reflecting broad-based selling pressure across sectors.

The MT30 Index, which tracks the 30 largest companies by market capitalization, slipped 3.80 points, or 0.27 percent, to 1,393.85.

On the parallel market, Nomu fell 154.89 points, or 0.64 percent, closing at 23,898.85, with 29 gainers and 42 losers.

Naqi Water Co. led TASI's top performers, rising 4.69 percent to SR53.60. Saudi Cable Co. followed with a 4.34 percent gain, ending at SR137.10, while Rasan Information Technology Co. advanced 3.82 percent to SR114.10.

Mutakamela Insurance Co. climbed 3.74 percent to SR12.47, and Arabian Internet and Communications Services Co. added 3.12 percent, closing at SR227.80.

On the downside, Umm Al Qura for Development and Construction Co., also known as Masar, posted the sharpest drop, sliding 9.14 percent to SR19.97.

This came after Saudi Arabia's Public Investment Fund completed the sale of part of its stake in Masar through an accelerated bookbuild valued at more than SR950 million.

The transaction involved 48 million shares, representing 3.3 percent of Masar's share capital, priced at SR19.8 per share.

Abdullah Saad Mohammed Abo Moati for Bookstores Co. fell 4.07 percent to SR40.98, while Naseej International Trading Co. declined 3.72 percent to SR46.56.

Aldawaa Medical Services Co. retreated 3.69 percent to SR57.50, and Seera Group Holding eased 3.56 percent, ending at SR28.16.

On the announcement front, AlJazira Capital said that AlJazira REIT will distribute cash dividends for the full fiscal year 2025.

The firm said dividends will be paid to unitholders registered at the end of trading on Dec. 7, 2025.

The total amount to be distributed is SR5.07 million, with each unitholder receiving SR0.43 per unit, representing 5.39 percent of the fund's net asset value.

The distribution is expected to be paid within 15 working days. AlJazira Capital urged investors to ensure their bank account information is updated with the Capital Market Institution to avoid delays in receiving payments.

AlJazira REIT closed at SR12.85, up SR0.16, or 1.26 percent, on the day.