Saudi market sees energy and banking stocks lead liquidity
Today, the Saudi stock market experienced a significant concentration of liquidity in the energy, banking, and petrochemical sectors. The ten most active stocks accounted for approximately 37% of the total market trading volume, which reached 6.04 billion Riyals. The TASI index rose by 0.32%, reaching 10,858.14 points. Aramco’s stock declined by 0.81% after trading worth 505.18 million Riyals, the highest by value. In the banking sector, the National Commercial Bank's stock increased by 2.18%, and Al Rajhi Bank's stock rose by 0.16%. Additionally, SABIC Agricultural Nutrients saw a strong gain of 4.44%. Overall, trading was concentrated on energy and banking companies, with the main index growing despite declines in some leading stocks.
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