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Bank and Aramco stocks lead Saudi market close

Bank and Aramco stocks lead Saudi market close

The Saudi stock market session on Wednesday ended with a decline of 0.45%, with liquidity primarily focused on banking stocks and Saudi Aramco. Al Rajhi Bank topped the list of most active stocks by trading value, despite declining by 0.86% to close at 63.2 riyals, with a trading volume of 221.88 million riyals. Saudi Aramco came in second with a trading volume of 156.58 million riyals, and its share price increased by 0.16% to close at 25.84 riyals, with 6.08 million shares traded, helping to ease the overall market decline. Additionally, shares of the National Commercial Bank experienced a slight rise, while Alinma Bank faced selling pressure. The session also saw activity in other stocks such as Saudi Re, SAL Logistics, and Saudi Telecom, while some stocks, like Al-Khorayef Industrial, declined by 2.51%.

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