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Saudi stock market closes higher at 11,032 points with SAR 3.8bn in trades

Saudi Arabia’s main stock index ended up 20.73 points on Wednesday, with over SAR 3.8 billion traded and 141 stocks advancing.

Saudi stock market closes higher at 11,032 points with SAR 3.8bn in trades

Saudi Arabia's principal stock index experienced a 20.73 point increase on Wednesday, marking a total trading value of SAR 3.8 billion. As per the Saudi Press Agency's economic update, a total of 204 million shares were exchanged. Of the 141 stocks that appreciated, notable gainers included Al-Masafi, Walaa, SASCO, JAZADCO, and Knowledge City.

Conversely, 111 stocks saw value declines, with Taiba, MIS, Saudi Ground Services, Attaa, and Ayan being among the notable losers. The magnitude of price changes ranged from a gain of 4.85% to a drop of 2.49%. In terms of trading volumes, Al Kathiri, Ban, Kayan Saudi, Petro Rabigh, and Americana were the most active stocks. Among the stocks with the highest trading values, Al Rajhi, Petro Rabigh, Saudi Aramco, Alinma, and stc led the pack.

Simultaneously, the Saudi parallel market index (Nomu) closed higher by 88.42 points at 21,786.38 points. The Nomu index witnessed a trading volume of SAR 13 million, with over 2 million shares changing hands.

Written by urgent.news from Ajel English's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at english.ajel.sa →

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