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Banking and energy stocks draw market attention in Saudi close
During Tuesday's session, the Saudi stock market focused on leading stocks in the banking and energy sectors, with total trading values reaching 3.21 billion riyals by the end of the session. The Al-Rajhi Bank topped the list of most active stocks by value, with trades amounting to 325 million riyals, resulting in a 0.30% increase in its share price to close at 66.7 riyals. Additionally, Saudi Aramco's shares rose by 0.39% to reach 26.06 riyals, with 8.25 million shares traded. Other companies, such as Al Asmak and chemical and electrical industries, also stood out with notable gains, while some stocks like SABIC and Banque Saudi Fransi experienced slight declines. Overall, the market exhibited concentrated liquidity in the major stocks, with mixed performance showing both gains and losses.
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