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Saudi market closes higher on Spears and Gulf fish
The Saudi stock market experienced a mixed performance today, with gains in leading and mid-sized stocks amid noticeable demand for shares in petrochemical, services, and telecommunications companies, which helped ease selling pressure on the index. The most notable stocks included Aramco, which declined by 9.99% but was among the market's top gainers; Bahar Arab, which increased by 6.77%; and Asmak, up by 5.48%. In the petrochemical sector, Yasref recorded a rise of 4.36%, with a trading volume of 74.53 million Riyals, while Lajain increased by 3.95%. Real estate and telecommunications stocks also saw gains, supported by strong investor engagement driven by corporate announcements and optimistic global market outlooks.
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