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Saudi Market Ends with Media and Sinoo Retail Losses
At the end of today's session, the Saudi stock market experienced notable declines in the shares of the media, retail, and consumer services sectors. Led by the Saudi Research and Media Group's stock, which dropped by 3.80% to close at 62.1 riyals, with a trading value of 44.83 million riyals. Similarly, Sinomy Retail's stock fell by 3.52% to reach 17.8 riyals, with a trading value of 82.9 million riyals, making it one of the most active stocks in terms of liquidity. The market also continued to see declines in the basic materials sector, such as Yamama Steel and Kemaol, amid weak performance in the affected stocks overall, with ongoing selling pressure on most leading stocks.
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