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Seven Saudi stocks hit new lows amid 87% NAV decline
Seven stocks on the Saudi Financial Market "Tadawul" recorded their all-time lowest levels during today's trading sessions, amid selling pressures on small and medium-sized stocks and a decline in the overall market index (TASI). The stocks that reached their lowest levels included "Naf for Feed Industry," which fell by 87.13% following a stock split decision, reaching 4.40 riyals. Other shares such as "Marina," "Tashil," and "Naseej for Technology" also declined. Meanwhile, "Dheb Car Rental" share increased by 0.84% despite having fallen to its lowest point.
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