The Saudi Stock Exchange's main index (TASI) ended trading today on a clear positive note, recording a notable increase of 111.21 points to close at 11,381.83 points. This rise was accompanied by significant buying and selling activity, with the total value of trades reaching approximately SAR 6.6 billion, reflecting a sense of optimism and a return of buying appetite among investors in the market.
Details of company performance and liquidity
According to the daily economic bulletin, today's session saw a significant trading volume of 326 million shares. The market was broadly positive, with 204 companies seeing their share prices rise, indicating that the gains were not limited to leading companies but extended to a wide range of listed firms. Conversely, only 56 companies closed lower, confirming the dominance of buying power throughout the session.
The top performing companies included Eastern Pipes, Shams, Al-Aseel, Al-Fakhariya, and Electrical Industries. Conversely, the worst performing companies were Ma'aden, Paper Manufacturing, Yamama Cement, Burgerizer, and SMC Healthcare, with fluctuations ranging from 9.94% to 2.64%.
Leading and most actively traded stocks
Regarding market activity, shares of Americana, Jabal Omar, Anabeeb, Al-Aseel, and Al-Kimiya accounted for the largest share of trading volume. In terms of monetary value, liquidity was concentrated in blue-chip stocks, with Al Rajhi, Al Ahli, Jabal Omar, Saudi Aramco, and Ma'aden topping the list of most actively traded stocks by value. The activity in the banking and energy sectors (Al Rajhi, Al Ahli, and Aramco) reflects the pivotal role these sectors play in driving the overall market index.
Economic importance and general context
This surge comes within a broader economic context, reflecting the strength of the Saudi economy and the attractiveness of its financial market, the largest in the Middle East and North Africa region. The Saudi financial market plays a pivotal role in achieving the goals of Vision 2030 by diversifying income sources and attracting foreign and domestic investment. The continued flow of liquidity, exceeding SAR 6 billion, is a healthy indicator of available investment cash and investor confidence in the future prospects of listed companies, particularly given the ongoing structural reforms to the Kingdom's investment environment.
Parallel market performance (growth)
On the parallel market, Nomu, the main market followed suit, with its index closing 8.39 points higher at 23,749.38 points. Trading volume on Nomu exceeded SAR 24 million, with 3.9 million shares traded across 4,694 transactions. The performance of the parallel market underscores the growing importance of the small and medium-sized enterprises (SMEs) sector and its role in supporting the national economy.
