### Summary
The Tadawul All Share Index in Saudi Arabia rose by 0.44 percent, while the Nomu market increased by 1.77 percent. Several stocks showed gains, including Saudi Paper Manufacturing Co., Bahri, and Takween Advanced Industries Co.
### Facts
- Tadawul All Share Index rose by 0.44 percent, closing at 11,501.42.
- Nomu market increased by 1.77 percent, finishing at 23,613.52.
- MSCI Index climbed by 0.86 percent, reaching 1,494.33.
- Trade on the benchmark index totaled SR3.7 billion ($0.99 billion).
- 105 stocks showed gains, while 111 experienced declines.
- Nomu registered a traded value of SR32.6 million.
- Saudi Paper Manufacturing Co. saw a 7.08 percent increase in share price.
- Development Works Food Co. faced a 9.89 percent drop in share price.
- Sumou Real Estate Co. achieved a 10.73 percent gain on Nomu.
- Bena Steel Industries Co. recorded a 7.95 percent loss on Nomu.
### Summary
The Saudi Arabian stock market experienced a modest rise, with the Tadawul All Share Index increasing by 0.44 percent. The parallel market, Nomu, saw a more significant uptick of 1.77 percent.
### Facts
- 📈 The Tadawul All Share Index rose by 0.44 percent, closing at 11,501.42.
- 📈 The Nomu market increased by 1.77 percent, finishing at 23,613.52.
- 💰 Trade on the benchmark index totaled SR3.7 billion, with 105 stocks gaining and 111 declining.
- 💰 Nomu registered a traded value of SR32.6 million.
- 📈 Saudi Paper Manufacturing Co. was the top performer, with a share price surge of 7.08 percent.
- 📉 Development Works Food Co. had the biggest decline, with a drop of 9.89 percent.
- 📈 On Nomu, Sumou Real Estate Co. achieved the most substantial gain, with its share price rising by 10.73 percent.
- 📉 Bena Steel Industries Co. faced the most substantial loss on Nomu, with its share price declining by 7.95 percent.
Shares of Bajaj Finance Ltd. rose 0.35% to 7,234.20 Indian rupees, closing 765.70 rupees short of its 52-week high, in a favorable trading session for the stock market.
Shares of Kroger Co. slid 0.30% as the stock market experienced an overall positive trading session, with the S&P 500 and Dow Jones Industrial Average both rising.
Shares of Clorox Co. rose 0.98% as the stock market had a favorable trading session, with the S&P 500 and Dow Jones Industrial Average also experiencing gains.
Microsoft Corp. shares slipped 0.20% as the stock market experienced a rough trading session, with the S&P 500 and Dow Jones Industrial Average also falling.
Stocks inched slightly upward Friday, with the Nasdaq rebounding from an Apple-induced slide, as the Federal Reserve hinted at a possible delay in interest rate hikes, while concerns about rising energy prices and Chinese curbs on the use of the iPhone impacted markets.
Shares of Charles Schwab Corp. slipped 2.58% on a dismal trading session, underperforming some of its competitors.
