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Tadawul Index Falls to Close at 9,838

The Tadawul Index ended Sunday’s session lower, losing 83.22 points to close at 9,838.28. The decline represented a 0.84% decrease, reflecting weaker performance across most listed companies. Furthermore, trading activity generated approximately SR3.1 billion, equivalent to around $827 million.

Market breadth highlighted the negative direction of the session. A total of 220 companies recorded share price declines, while only 44 advanced. Consequently, selling pressure affected a substantial majority of stocks listed on the main market. Investors also monitored corporate announcements and financial results throughout the trading day.

However, Saudi Arabia’s parallel Nomu market moved in the opposite direction. The index gained 161.75 points, representing a 0.75% increase, to finish at 21,636.14. Within Nomu, 34 companies advanced while 30 recorded losses. Meanwhile, the MSCI Tadawul Index declined 6.40 points, or 0.48%, closing at 1,333.99.

Leading Gainers and Decliners

Elm Company recorded the strongest performance on the main market during Sunday’s session. Its shares climbed 9% to reach SR611.50, making it the leading gainer. Similarly, BinDawood Holding advanced 5.43% to close at SR4.85. Sumou Real Estate also posted a positive performance, gaining 4.72% to reach SR24.40.

In contrast, several companies experienced substantial declines during the session. Saudi Pharmaceutical Industries and Medical Appliances recorded the largest drop, losing 9.99% to SR24.68. Alujain Corporation followed closely, with its shares falling 9.91% to SR23.26. Additionally, Power and Water Utility Company for Jubail and Yanbu declined 8.38%, ending at SR40.22.

Companies Report Mixed Financial Results

Corporate disclosures also attracted attention as two companies announced their interim financial performance. Emaar, the Economic City, reported a net loss of SR444 million for the first nine months. The results covered the period ending September 30, 2026. Furthermore, the company’s loss increased by 26% compared with the corresponding period in 2025.

Emaar attributed the wider loss mainly to weaker revenue and higher legal provisions. However, the comparison also reflected an exceptional gain recorded during the previous year. That gain followed the successful restructuring of bank debt under more favourable financing conditions. As a result, the earlier financial period benefited from a one-off reduction in financing costs.

The company’s shares also declined following the announcement. Emaar closed Sunday’s trading at SR8.10, representing a 4.65% decrease. The financial results therefore coincided with another difficult session for its shareholders.

Meanwhile, Amlak International Finance reported stronger profitability during the same nine-month period. The company recorded net profit of SR56.8 million, representing a 14.75% annual increase. Management linked the improvement to higher income from financing commissions and lower financing costs. Nevertheless, increased operating expenses and provisions for expected credit losses partly offset those gains.

Amlak International shares finished the session at SR8.33, rising 0.24%. Its performance contrasted with the broader market decline and Emaar’s losses. Overall, the Tadawul Index reflected widespread weakness, although individual companies delivered contrasting results.

Investors will continue assessing corporate earnings, company announcements and broader market conditions. The contrasting performances across listed companies highlight the importance of examining individual results. Meanwhile, Sunday’s figures show how selling pressure shaped the main Saudi market despite gains elsewhere.

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