Saudi stocks ended Thursday's session with modest gains amid mixed performance among heavyweight shares, as Saudi Aramco and several other companies advanced, offsetting declines in banking stocks and shares affected by third-quarter earnings. The benchmark Tadawul All Share Index (TASI) rose 0.2% to close at 10,326 points, gaining 18 points, with total trading value reaching approximately SAR 4.1 billion ($1.09 billion). Saudi Aramco shares climbed 1.5% to SAR 26.40, with around 12 million shares changing hands in trades worth more than SAR 300 million. Meanwhile, Al Rajhi Bank shares declined 0.6%, while ACWA Power fell 0.5%. United Carton Industries Company (UCIC) jumped nearly 6% after announcing a cash dividend distribution to shareholders. Shares of Al-Omran Industrial Trading, Azm and Saudi Industrial Development Company (SIDC) also rose between 5% and 8%. On the losing side, Raoom led the decliners, falling 8% to SAR 73.90, with approximately 2.2 million shares traded for a total value of SAR 170 million. Among stocks affected by third-quarter 2026 financial results, Saudi Arabian Refineries Company dropped 4.6%, Ladun Investment fell 3.9%, and Al Jouf Cement declined 0.7%.
