RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Wednesday, gaining 35.85 points, or 0.33 percent, to close at 10,948.28.

The total trading turnover of the benchmark index was SR4.71 billion ($1.25 billion), as 185 of the listed stocks advanced, while 71 retreated.

The MSCI Tadawul Index increased, up 2.60 points or 0.18 percent, to close at 1,470.16.

The Kingdom’s parallel market Nomu gained 9.84 points, or 0.04 percent, to close at 23,368.02. This comes as 33 of the listed stocks advanced, while 36 retreated.

The best-performing stock was Malath Cooperative Insurance Co., with its share price surging 10 percent to SR10.56.