Saudi stock market hits highest close in a month and a half

RIYADH — Saudi Arabia’s main stock index closed higher on Monday, rising 0.8% to 11,167 points, marking its highest close in a month and a half.

Total trading value reached around SR6.1 billion.

Leading stocks recorded gains, with Saudi Aramco and Al Rajhi Bank rising by more than 1% to SR27.28 and SR105.40, respectively.

SAPTCO shares surged 10% to SR9.88 following the company’s fourth-quarter 2025 financial results.

Petro Rabigh rose 7% amid trading volumes of around 15 million shares.

Saudi Pipes Company gained 5% after signing a SR127 million contract with Saudi Aramco.

Shares of Saleh Al Rashid Company closed at SR67.20, their highest level since listing, bringing total gains to around 50%.