Saudi market closes with Americana and chemicals high

The Saudi Market Index (TASI) closed today's session with a slight decline of 0.19%, with total trading volume reaching 181.5 million shares. The session saw a focus on stocks from the food, petrochemicals, and energy sectors. Almarai, the global restaurant chain, topped the activity list with a volume of 14.7 million shares, rising by 0.81% to close at 2.49 SAR. Saudi Chemical Company’s shares fell by 2.42% with a trading volume of 8.72 million shares, while Petrogas Badrug’s stock increased by 0.39%. Bank stocks declined overall, with the National Bank's share dropping by 1.65%, whereas the Saudi Pipe Company remained stable at 5.52 SAR. Overall, the market was active, especially in the food and petrochemicals sectors, with continued capital flows into lower-priced stocks that attract individual traders.

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