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Saudi market advances on food and education stocks
During Wednesday's session, the Saudi stock market saw gains in several key sectors, most notably in the food stocks, educational services, and water sectors, despite a slight decrease in the overall index by 0.02%, closing at 10,779.96 points. The share of Ridan Food Company led the gains, increasing by 10% to reach 16.28 riyals, with 0.62 million shares traded worth 9.82 million riyals, supported by strong bids in the consumer goods and food services sectors. Additionally, shares of Nufoo and Ata Educational increased significantly, and Waterna Company exhibited the highest liquidity among rising stocks, with a trading value of 51.93 million riyals, accompanied by active buying interest in the stock.
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