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Index rises above 10,680 with 83 points
The main Saudi Stock Exchange index regained its upward momentum, reaching 10,681.84 points, with a greater increase in advancing stocks compared to declining ones. Specifically, 160 companies rose while 98 companies declined. The trading value amounted to 2.4 billion riyals. Leading the gains were stocks such as Saudi Aramco and Al Rajhi Bank. The number of rising companies exceeded the declining ones by approximately 63%, reflecting an overall improvement in market performance. A total of 141 million shares were traded. Additionally, the "Nama" parallel market index saw a modest increase, closing at 21,549.21 points. Despite a decline in global gold prices to $4,274 per ounce, trading activity remained intense daily, although the financial market performance experienced a noticeable slowdown.
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