Saudi Arabia's Tadawul All Share Index (TASI) experienced a decline on Sunday, shedding 28.01 points, or 0.26 percent, to close at 10,798.97. The benchmark index recorded a total trading turnover of SR3.03 billion ($808 million), with 103 stocks advancing and 153 declining.
Parallel Market and MSCI Index Performance
The Kingdom's parallel market, Nomu, also fell 239.39 points, or 1.04 percent, to close at 22,689.95. On Nomu, 21 stocks advanced while 43 declined. The MSCI Tadawul Index lost 2.55 points, or 0.18 percent, to close at 1,436.32.
Top Performers and Losers
The best-performing stock of the day was Tabuk Agricultural Development Co., whose share price surged 9.89 percent to SR7.89. Other top performers included Naseej International Trading Co., whose share price rose 7.93 percent to SR31.30, and Red Sea International Co., whose stock gained 5.68 percent to SR26.42.
On the losing side, Saudi Fisheries Co. recorded the steepest decline, with its share price falling 9.99 percent to SR69.85. East Pipes Integrated Co. for Industry saw its share price drop 6.48 percent to SR202. Tihama Advertising, Public Relations and Marketing Co. declined 5.28 percent to SR17.05.
Almarai Reports Financial Results
On the announcements front, Almarai Co. reported its interim condensed consolidated financial results for the six-month period ended June 30. According to a Tadawul filing, the company posted a net profit of SR1.36 billion in the first six months of the year, down 0.73 percent from the same period in 2025. The company attributed the decline primarily to poultry market supply conditions in the first quarter, as well as cost inflation driven by higher feed and shipping costs in its dairy segment, in addition to increased distribution expenses resulting from higher energy costs. Almarai shares closed at SR46, down 3.31 percent.
CATRION Catering Signs Agreement
CATRION Catering Holding Co. also announced the signing of a SR75.7 million agreement with Dammam Airports Co., under which it will lease premises to provide its services and operations at King Fahd International Airport. A Tadawul filing said the agreement supports the company's sustainability strategy, aligns with rising passenger and flight traffic, strengthens its position in the aviation services sector, and advances the objectives of Saudi Vision 2030. CATRION Catering Holding Co. shares closed at SR76.25, down 0.40 percent.
