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TASI liquidity concentrates in technology and banking sectors at Thursday's market close

TASI liquidity concentrates in technology and banking sectors at Thursday's market close

The Saudi Financial Market "TASI" closed on Thursday with a slight gain of 0.15%, ending the session at 10,720.28 points, with total trading value of 3.35 billion Riyals. During the session, liquidity was primarily focused on leading stocks and the technology sector, with Rasn Information Technology leading the activity, recording a trading value of 159.67 million Riyals and rising by 1.76%. The banking sector also saw significant activity, with major stocks such as Al Rajhi Bank increasing by 0.23% and the National Commercial Bank by 0.90%. In the energy sector, Aramco's share experienced a modest rise of 0.15%, while Petro Rabigh's stock jumped by 3.78%. Conversely, stocks like the Electrical Industries plunged by 6.42% and Maadaniyah Marketing by 0.99%. The trading activity reflects a trend of investing in some leading stocks and partial profit-taking in other sectors.

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