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Saudi Market Liquidity Focuses on Technology and Banking Stocks in Thursday’s Closing Trading Session

Saudi Market Liquidity Focuses on Technology and Banking Stocks in Thursday’s Closing Trading Session

The Saudi Stock Market "TASI" ended Thursday's session with a slight increase of 0.15%, closing at 10,720.28 points, with total traded value reaching 3.35 billion Riyals. Liquidity showed a clear focus on shares of technology companies and the two banks, Al-Rajhi and Al-Ahli. The share of Rasan Information Technology Company led the activity with a value of 159.67 million Riyals, rising by 1.76%. In the banking sector, Al-Rajhi Bank recorded trades worth 156.18 million Riyals, increasing by 0.23%. The energy sector also saw modest gains, with Aramco closing up by 0.15%. Some stocks, such as Electric Industries, experienced significant declines, dropping by 6.42%. Overall, trading activity was concentrated on leading stocks and the technology and energy sectors, with a noticeable contrast between position-building investment operations and profit-taking activities.

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