Closing Bell: Saudi main index closes in green at 10,852

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Tuesday, gaining 39.37 points, or 0.36 percent, to close at 10,852.41. Total trading turnover of the benchmark index reached SR4.30 billion ($1.14 billion), with 118 stocks advancing and 136 declining. The MSCI Tadawul Index also rose, gaining 6.11 points, or 0.42 percent, to close at 1,443.93. The Kingdom’s parallel market, Nomu, gained 3.5 points, or 0.02 percent, to close at 22,667.30, with 32 stocks advancing and 28 declining. The best-performing stock was Saudi Steel Pipe Co., with its share price surging 7.76 percent to SR52.80.