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Saudi market liquidity favors banks transportation and energy
At the beginning of the week, trading in the Saudi stock market focused on the banking, transportation, and energy sectors, with a total trading value of 4.57 billion riyals. Al Rajhi Bank led the activity with a value of 726.84 million riyals, and its price increased by 2.08% to close at 66.15 riyals. In the transportation sector, the Saudi cement company "Bahri" stock surged by 9.45%, with a trading volume of 415.09 million riyals, marking the highest price growth among companies, and the share price reached 37.3 riyals. Banking activity continued with the rise of Alinma Bank's stock by 1.45% and the National Commercial Bank's stock by 1.78%. In the energy sector, Aramco’s stock remained steady at 26.4 riyals, with trades totaling 161.07 million riyals, while shares of companies like Sineome Retail, Ma’aden, and SABIC showed notable increases, with gains ranging between 1.31% and 4.20%.
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