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Saudi market liquidity shifts towards technology and banking stocks at Thursday's close
The Saudi Stock Market ("TASI") experienced a slight increase on Thursday, rising by 0.15% to close at 10,720.28 points, with total trading value reaching 3,351.62 million riyals. The most active sector in terms of liquidity was the technology and banking sectors; specifically, the share of Rasan Information Technology recorded the highest trading value at 159.67 million riyals, gaining 1.76%. In the banking sector, liquidity increased for shares of Al Rajhi Bank, Saudi National Bank, and Riyad Bank. Meanwhile, notable gains were seen in energy and petrochemical companies like Aramco and Petro Rabigh, whereas some stocks, such as Electric Power and Grolier, experienced declines due to selling pressures.
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