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2026-08-23T16:00:25.532Z

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Saudi market liquidity favors banks transportation and energy

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Zelensky: Russia refused grain ship truce

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Saudi market gains led by industrial and transport stocks

Saudi market gains led by industrial and transport stocks

The Saudi Stock Market (TASI) started the week strongly, with most leading and mid-sized stocks rising, focusing on the industrial, transportation, and services sectors. Fakhariya Company’s stock topped the gainers list, increasing by 9.98%, and achieved the highest trading volume of 14.39 million riyals amidst growing demand for the company's shares. Additionally, Bahri Company’s stock rose by 9.45%, closing at 37.3 riyals with trading valued at 415.09 million riyals, reflecting significant interest in its financial position and operational plans within the transportation and logistics sector. Gains were also seen in stocks such as ‘Azem,’ ‘Zuhour,’ ‘Sanad Holding,’ ‘Jahiz,’ ‘Reaya,’ ‘Sinomi Retail,’ and ‘Maaden,’ indicating investor confidence in the performance of companies in the sector.

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