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Saudi market ends with bank and energy stocks leading

Saudi market ends with bank and energy stocks leading

At the end of Wednesday’s session, the Saudi Stock Market saw a significant concentration of liquidity in the banking and energy sectors. The general index (TASI) decreased by 1.25%, closing at 10,544.1 points, with total trading value reaching 5.29 billion SAR. Al Rajhi Bank led the list of most active stocks by value, with trades totaling 694.29 million SAR, and it declined by 2.58%. Meanwhile, the National Bank's stock decreased by 3.79%. On the other hand, Americana's stock rose by 7.66%, despite declines in other leading stocks. Energy company shares, such as SABIC and Saudi Aramco, closed with mixed results, with Aramco remaining relatively stable, down only 0.08%.

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