24 Hrs
Source:
الاقتصادية
Saudi stocks underperform amid MSCI focus
The Saudi stock market ended the last session of the week with a modest decline, with the "TASI" index closing at 10,824 points, down by 0.2%. Although the decrease was slight, market movements indicated increasing selling pressures, as most stocks and sectors declined. Liquidity slowed significantly, with trading values dropping to 4.45 billion Riyals, a decrease of over 12% compared to the previous session, despite a slight increase in the number of transactions. Additionally, stocks listed on the MSCI index, particularly companies like Al Mouwasat, Bank Aljazira, and Tadawul Group, experienced price declines but recorded notable rises in trading volume. This reflects repositioning amid weak market conditions and a general decline in demand.
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