Saudi Market Faces Selling Pressure on Healthcare and Food Stocks

During today’s session, the Saudi stock market experienced selling pressure on shares in the healthcare, food, and manufacturing sectors, despite the general index closing higher by 0.86%. The most notable declines were seen in Ryaa with a drop of 3.82%, and Jamjoom Pharmaceuticals with a decrease of 2.10%. Stocks in the basic materials and food sectors also recorded losses, while trading values increased for some stocks such as Bahri, which reached 170.9 million riyals. Meanwhile, stocks like Americana Restaurants experienced a decline of 1.66%.

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