Saudi stocks see flow into energy and banks
The Saudi stock market experienced a slight increase in its second session of the week, with most of the liquidity concentrated in the energy and banking sectors. The total trading value reached 3.96 billion riyals. Petro Rabigh led the most active stocks with a trading volume of 282 million riyals, despite a decline of 2%. Meanwhile, Aramco recorded trades valued at 280 million riyals with a slight decrease of 0.15%. In the banking sector, Al Rajhi Bank's stock rose by 0.70%, and other bank shares such as the National Commercial Bank and the Arab National Bank showed positive performance, with increases of up to 4.22%. The real estate development and services sectors also saw notable gains, especially the Knowledge City and Dahr Saudi stocks, while SABIC's stock remained stable.
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