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Bank and Aramco shares lead Saudi market
The Saudi stocks closed Thursday with a decline of 0.32%, ending at 10,106.54 points, with most of the liquidity concentrated in the banking, energy, and basic materials sectors. Al Rajhi Bank led the most traded stocks with a value close to 269.52 million riyals, rising by 0.25%. Meanwhile, the "Aramco" stock fell by 0.39% to close at 25.28 riyals after trading 9.08 million shares. In the basic materials sector, the "National Iron" stock was the most traded, with a value of 183.91 million riyals, and closed down by 0.85%, while "SABIC" saw a slight decrease of 0.31%. Some banks, such as the Saudi National Bank and Alinma Bank, increased by 0.43% and 0.34%, respectively. The most rising stock was Bank AlJazira, up by 1.26%. The energy sector experienced a decline, with "Acwa Power" dropping by 3.06%, while "Nabial" rose by 3.41%. In the telecommunications sector, "STC" shares increased by 0.48%.
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