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Saudi healthcare and energy stocks fall
The Saudi market saw a slight decline at the end of Tuesday's session, with the TASI General Index falling by 0.85%, losing 91.76 points to reach 10,678.11 points. The most declining stocks of the day were in the healthcare, consumer goods, and energy sectors, with Ayan Investment Company leading the declines by nearly 10%, followed by Nasees and Ban with an 8.43% drop. Profit-taking and price corrections were prevalent, with liquidity focusing on previously strong-performing stocks. Some stocks experienced high trading volumes, such as petro-Rabigh, which recorded trades worth 209.17 million SAR. Overall, the decline was driven by broad selling pressures, as investors shifted their focus back to stocks with weak technical performance after a wave of volatility.
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