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Al-Rajhi and Al-Ahli Drive Liquidity in Saudi Market
The Saudi Financial Market Index (TASI) closed on Thursday down by 0.77%, reaching 10,598.88 points, with total trading valued at 3.55 billion SAR. Al Rajhi Bank topped the list of most active stocks by value, with transactions totaling 563.93 million SAR (approximately 15.8% of the liquidity), with its share down by 2.02% to close at 63.15 SAR. Nevertheless, Saudi Aramco experienced a slight increase of 0.55%, closing at 25.78 SAR, with 9.24 million shares traded—the highest trading volume among the leading companies. The banking sector and liquidity continued to dominate traders’ attention, while shares like SABIC and Ma’aden declined, though some companies like Petro Rabigh saw an increase of 2.27%.
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