Saudi Arabia’s Benchmark Index Closes in Red at 11,096

The Saudi Tadawul All Share Index ended Wednesday's trading session with a notable decrease of 206.11 points or 1.82 percent, closing at 11,096.65 points. The total trading turnover of the index reached SR6.83 billion ($1.82 billion), reflecting a challenging day where 225 stocks retreated while only 23 advanced.

The MSCI Tadawul Index also saw a downturn, losing 23.02 points or 1.61 percent, to settle at 1,409.46. Saudi Arabia's parallel market, Nomu, experienced a decline of 103.58 points, or 0.36 percent, bringing it to 28,369.89 points, with 57 listed stocks retreating and 24 advancing.

Raoom Trading Co. emerged as the top performer, with shares rising by 3.56 percent to SR168.80. In contrast, Bank Albilad led the losses on the main index, dropping 6.39 percent to SR32.25. On the Nomu market, Balady Poultry Co. boasted the highest gain with a 13.79 percent surge to SR330, while Knowledge Net Co. faced the steepest decline, falling 10.98 percent to SR30.