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Saudi market gains driven by steel and Gulf
At the end of Wednesday's session, the Saudi stock market saw an increase in the shares of several small and medium-sized companies, despite the general index declining by 0.45% to reach 10,542.23 points. The top gains were in stocks of basic materials, technology services, and insurance companies, with National Steel leading the increase by 10% to close at 2.2 riyals, with a trading value of 0.53 million riyals. Also, Bahar Al Arab Information Systems' stock rose by 9.79%, closing at 4.15 riyals. Shares of companies in the gypsum, insurance, logistics, and telecommunications sectors saw gains ranging between 3.28% and 5.51%.
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