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Saudi Market: Al-Ahli, Riyad, Aljazira decline

Saudi Market: Al-Ahli, Riyad, Aljazira decline

The Saudi Stock Market (TASI) index fell by 0.25% to close at 10,479.78 points, amid selling pressures targeting the banking and petrochemical sectors. Among the major stocks, the Saudi National Bank decreased by 2.77%, Riyad Bank by 2.26%, and Al Jazeera Bank by 1.97%. Additionally, shares of other companies such as Rayan Food, Armac Sports, Gulf Insurance Group, and Petro Rabigh declined by between 2.05% and 4.43%. The overall market trading volume involved a large number of investors, with ongoing pressures impacting both leading and small-cap stocks alike.

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