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Saudi stocks hit historic lows amid selling
During today's trading session, approximately 30 stocks on the Saudi Stock Market reached their lowest historical levels, amidst clear selling pressure and varying trading volumes. Among these stocks, "Derayah" declined by 5% to 19.17 riyals, "Riyadh Cement" decreased by 2.93% to 20.19 riyals, and "Nusayej" dropped by 1.97% to 11.96 riyals. Despite the decline in many stocks, "Tamkeen" experienced a rise of 0.98% even though it reached a previous low, with trading of 21,000 shares and a market value of 1.1 billion riyals. The declines encompassed the majority of listed stocks, reflecting significant selling pressure on the Saudi Stock Market, with mixed trading performance and volumes.
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