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Energy and banking stocks draw liquidity in Saudi market

Energy and banking stocks draw liquidity in Saudi market

During Monday's session, the Saudi stock market focused on the leading stocks in the energy and banking sectors, which captured a significant portion of liquidity. The session ended with a slight decline in the general index by 0.11%, closing at 10,908.06 points, with a total trading volume valued at 4.33 billion riyals. Aramco's stock led the trading activity with a value of 264.97 million riyals, despite decreasing by 0.82%, which directly impacted market performance due to selling pressure. In the banking sector, Al Rajhi Bank’s shares declined by 0.54%, while Alinma Bank's shares increased by 0.89%. Additionally, Petro Rabigh saw a strong rise of 5.63%, making it one of the most active stocks. Overall, the market experienced high liquidity in major stocks, with mixed trends of gains and losses among leading and subordinate shares.

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