The Saudi Stock Exchange ended today's session in red, returning to losses after a series of increases that lasted 15 consecutive sessions, in light of the decline of 3 major sectors, amid low liquidity.
The general index of the market, TASI, closed down 0.24%, with losses amounting to 29.74 points, falling to 12,604.59 points.
Trading values fell to 6.63 billion riyals, compared to 8.53 billion riyals in the previous session, while volumes rose to 385.4 million shares, compared to about 300 million shares at the end of last Thursday’s session.
Ten sectors closed in red, led by the banking sector, which fell by 0.53%, the communications sector declined by 0.38%, and the telecommunications sector recorded a decline of 0.18%.
The rest of the sectors witnessed positive performance, with the long-term commodities sector leading the gains, after rising by 1.69%, and the basic materials sector closing with a marginal increase of 0.07%.
In terms of stock performance, losses included 74 stocks, led by Al Baha stock after it fell by 6.67%, and 148 stocks closed in the green, led by Amiantit stock, which rose by 9.96%.
Al Rajhi shares recorded the highest trading value at 213.3 million riyals, and the highest trading volume was for Shams shares, with a trading volume of 65.7 million shares.
Regarding the performance of the parallel market, the (Maximum Growth) index closed up 0.76%, equivalent to 194.49 points, raising it to 25,702.15 points.
Azm stock led the parallel market gains with a rise of 12.75%, while the highest losses were for Abra Gulf stock, which fell by 5.69%.
The Saudi Stock Exchange ended last Thursday's session up 0.22%, continuing its rise for the fifteenth consecutive session, jumping to its highest levels since August 2022.
