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2026-08-26T14:32:31.790Z

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Saudi bank stocks dominate Wednesday trading

Saudi bank stocks dominate Wednesday trading

The Saudi Financial Market Index (TASI) ended Wednesday's trading session with a gain of 0.25%, closing at 11,259.9 points, with cash flows totaling approximately 5.7 billion Riyals. Banking, financial services, and telecommunications stocks exhibited high liquidity, led by Al Rajhi Bank, which recorded a trading value of 646.64 million Riyals. Major bank stocks such as Alinma Bank and the National Commercial Bank experienced slight increases. Conversely, energy company stocks like Aramco and Petro Rabigh declined, with decreases of 0.68% and 3.55%, respectively. Trading values within the oil sector ranged between 157 and 190 million Riyals. Overall, the market showed a clear divergence between sectors, with significant increases in liquidity among some leading stocks.

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