Riyadh: The main Saudi stock index closed higher Wednesday, registering a gain of 130.55 points to reach a closing value of 11,079.93 points. The trading activity for the day was valued at SAR 5.7 billion. According to Qatar News Agency, the trading session saw a total of 262 million shares being exchanged. Out of the companies listed, 246 experienced an increase in their share prices, while 18 witnessed a decline. The parallel Saudi stock index, known as "Nomu," also recorded an upward movement. It gained 59.32 points, closing at 22,551.79 points. The trading for "Nomu" was valued at SAR 18 million, with a total volume of 2.8 million shares traded.
Samsung Electronics Reports 515% Surge in Q3 Net Profit Due to AI Chip Demand
Seoul:Samsung Electronics has announced a significant increase in its net profit for the third quarter of 2026, rising by 514.6% year-on-year to reach 75.13 trillion won ($56 billion). This remarkable growth has been attributed to the strong demand fo…