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Saudi stocks limited by 182 stock drop
The Saudi stock index closed today's trading with a slight increase of 0.13%, finishing at 10,878.46 points, with transactions totaling 4.1 billion riyals. Despite the gain, the shares of 182 companies declined while 78 companies advanced, reflecting a clear divergence in market performance. The rise was supported by a limited number of leading stocks, whereas the list of declining shares expanded to include many companies, with percentage changes ranging between 9.98% and 4.91%. Among the most rising stocks were Companies of Refining, Wafrah, and Mutaqila, while Riyad Cement and Armah experienced the most significant declines. The trading value continued to focus on leading and active stocks, reaching 4.1 billion riyals through the trading of 175 million shares. The parallel market "Nomu" also saw a slight decline, with its index dropping 0.36% to close at 21,500.91 points.
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