RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Sunday, gaining 75.81 points, or 0.62 percent, to close at 12,331.87. 

The total trading turnover of the benchmark index was SR5.39 billion ($1.43 billion), as 148 of the stocks advanced and 78 retreated.    

Similarly, the Kingdom’s parallel market Nomu gained 101.41 points, or 0.32 percent, to close at 31,600.12. This comes as 49 of the listed stocks advanced, while 38 retreated.    

The MSCI Tadawul Index gained 10.75 points, or 0.70 percent, to close at 1,546.53.     

The best-performing stock of the day was Saudi Cable Co., which debuted on the main market on Sunday, with its share price surging 9.85 percent to SR113.80. 

Other top performers included Middle East Specialized Cables Co., with its share price rising 6.43 percent to SR45.50, and Zamil Industrial Investment Co., which saw its share price surge 5.65 percent to SR36.45. 

Saudi Reinsurance Co. recorded the biggest drop, with its share price falling 2.27 percent to SR56.00. 

Almoosa Health Co. saw its stock price decline by 2.60 percent to SR138.20, while Wataniya Insurance Co.'s share price dropped 1.75 percent to SR25.20.  

On the announcements front, Almarai Co. reported its consolidated financial results for the year ended Dec. 31. According to a Tadawul statement, the company posted a net profit of SR2.3 billion in 2024, marking a 12.8 percent increase compared to 2023. This growth was driven by higher revenue, disciplined cost control, and a favorable product mix. 

Despite the positive results, Almarai Co.’s share price ended the session at SR58.50, down 1.72 percent. 

City Cement Co. has signed a natural gas supply agreement with Saudi Aramco under the supervision of the Liquid Fuel Displacement Program. According to a bourse filing, the agreement aligns with efforts by the Ministry of Energy and the Ministry of Industry and Mineral Resources to achieve the program's objectives. 

The filing also noted that the shift from liquid fuel to natural gas is expected to reduce emissions from the company’s production processes and enhance operational reliability. The financial impact of the agreement will be disclosed at a later date. 

City Cement Co.’s share price closed the session at SR18.80, up 1.17 percent. 

Saudi Arabian Mining Co., or Ma’aden, has provided an update on the development of its third phosphate fertilizer manufacturing project. According to a Tadawul statement, none of the associated contracts involve related parties, and the financial impact of these contracts remains unclear and will be disclosed once available. 

Ma’aden’s share price closed the session at SR48.60, up 1.66 percent. 

RIYADH: The Hira Winter events, organized by the Hira Cultural District and which recently concluded in Makkah, attracted more than 84,000 visitors.

Highlights included the Revelation Exhibition, which used cutting-edge technology to simulate the story of Prophet Muhammad’s revelation, blending tradition and innovation.

The exhibition featured a pavilion detailing the Cave of Hira and Khadijah bint Khuwaylid, the Mother of Believers, along with a depiction of the first revelation.

Rare historical artifacts, such as a photographed copy of the Qur’an manuscript of Uthman bin Affan and ancient stone inscriptions of Qur’anic verses, gave visitors a unique experience that combined the past and present.

Poetic performances inspired by Arab heritage underscored poetry’s role as the Arabs' diwan (repository of culture) and a tool for documenting events and emotions.

Poetic jousts highlighted live interaction and pride in the Arabic language and literature, enriching the cultural experience.

The Caravan Experience revived the cultural heritage of camel caravans, underlining their role in ancient Arab trade and society.

Visitors were taken back to ancient trade routes where camels played a key role in transporting goods and facilitating travel.

The Challenge Zone attracted adventure enthusiasts with various games blending entertainment and competition.

The Winter Theater delighted visitors with interactive performances, including contests and games inspired by winter traditions.

The district also featured a Crafts and Heritage Industries Market, where visitors explored local products, bought souvenirs, and enjoyed traditional and contemporary food and beverages, creating a holistic experience of entertainment, culture and shopping.

The Hira Cultural District is an area of approximately 67,000 sq. meters near Jabal Hira, one of Makkah’s most famous landmarks. It is a tourist and educational destination, bridging the past and present, and aligns with Saudi Vision 2030 to enhance quality of life and visitor experiences.