The Saudi Stock Market ended trading today's session, Wednesday, with a noticeable rise, continuing its rise for the third consecutive session, and recording the highest gains since the beginning of last January, amid improved liquidity.
The general index of the market, TASI, closed up 1.17%, the highest gain for the index since the session of January 4, 2024, adding 145.63 points to its balance, raising it to 12,622.22 points.
Trading values rose to 8.3 billion riyals, compared to 7.6 billion riyals, and volumes rose to 279.12 million shares, compared to 274.68 million shares at the end of Tuesday’s session.
The green color dominated the performance of the sectors, led by the basic materials sector, which rose by 2.64%, the banking sector rose by 2.28%, and the communications sector recorded an increase of 0.23%.
Losses were limited to 4 sectors, led by the food production sector, which declined by 1.62%, while the energy sector closed down by 0.45%, going against the trend of the main sectors.
In terms of stock performance, gains included 171 stocks, led by Salama Insurance, which closed up 6.61%. 56 stocks closed in red, led by Sinomi Retail, which fell 8.4%.
Saudi Aramco shares recorded the highest trading value with 683.86 million shares, and the highest volume was for Shams shares with a volume of 29.2 million shares.
Regarding the performance of the parallel market, the (Maximum Growth) index closed down by 0.31%, equivalent to 82.19 points, falling to 26,062.68 points.
The National Building and Marketing Company stock led the losses in the parallel market after falling by 9.35%, while the Medical Society stock recorded the highest gains, rising by 9.56%.
The Tadawul All Share Index (TASI) ended Tuesday’s session up 0.43%, continuing its rise for the second consecutive session, with direct support from petrochemical stocks, led by SABIC.
