Saudi Small and Mid-Cap Gains

Today, the Saudi stock market saw notable increases in several small and medium-sized stocks, despite the main market index (TASI) declining by 0.85%, closing at 10,678.11 points. The most prominent gain was in the Packaging and Printing Company, which rose by 10% to reach 8.14 Riyals, with trading volumes totaling 10.2 million Riyals. Rmoon Company also saw an increase of 7.10%, closing at 79.9 Riyals, while Lajam Sports (Time Fitness) rose by 5.56% to 74.05 Riyals, with traded value amounting to 67.11 million Riyals. Other stocks such as Tabuk Agricultural, Eiwan, Alandalus Real Estate, Astra Industrial, and Sulaiman Al Habib Group experienced gains ranging between 2.37% and 5.04%, accompanied by high trading volumes, reflecting notable activity in the market despite the selling pressure on the overall index.

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