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Saudi Market: Selling Pressures Hit Food and Healthcare Stocks in First Session of the Week

Saudi Market: Selling Pressures Hit Food and Healthcare Stocks in First Session of the Week

The Saudi stock market experienced a turbulent start to the week, with leading and mid-cap stocks showing clear declines amid selling pressures on the food and health sectors’ shares. The Tadawul All Shares Index (TASI) closed with a slight increase of 0.10%, reaching 10,818.98 points. Meanwhile, stocks of companies such as Asmak, Al Mosrafeen, and Eastern Pipes, among others, declined by between 2.44% and 4.76%. Trading volumes ranged from two million riyals to over 66 million riyals for some stocks.

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