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Saudi bank stocks lead market liquidity
The Saudi stock market today rose by 0.89%, closing at 10,919.68 points, with liquidity primarily concentrated in major banking stocks led by Al Rajhi Bank, which attracted trading volume of 421.05 million Riyals and increased by 1.48%. The financial sector also saw notable activity, with Al Inmaa stock closing up by 1.82%, and Saudi Tadawul Group stock jumping by 3.88%. In the energy sector, Saudi Aramco recorded a rise of 0.98%, while stocks of PetroRabigh declined by 0.66%. Other sectors, such as telecommunications, experienced intense trading, with continued momentum across the banking sector overall.
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