The Saudi stock market's main index, TASI, closed today with a notable rise, gaining 18.52 points to close at 11,213.97 points . This reflects a cautious optimism among traders and relative stability in the market's performance. Trading activity was brisk, with total turnover reaching approximately SAR 4.5 billion .
Details of company performance and cash flow
According to the daily economic bulletin issued by the Saudi Press Agency for the stock market, the volume of shares traded reached 303 million . Market data showed mixed performance among listed companies, with gains generally outweighing losses. Shares of 142 companies rose in market value, indicating broad positive participation in the market, while shares of 116 companies closed lower.
Shares of MBC Group, Americana, Al-Naifat, Al-Azizia REIT, and Saudi Electric Industries the list of the market's biggest gainers. Conversely, shares of CGE, Thimar, Al-Kathiri, Taiba, and Taaleem REIT the list of the biggest losers. The percentage changes for these companies ranged between 9.98% and 9.96%, reflecting strong price movements in some speculative and investment stocks.
Leading and most actively traded stocks
In terms of both volume and value, shares of major companies attracted significant investor interest. Americana, Saudi Aramco, Saudi Kayan, Saudi Chemical, and Saudi Electric Industries were the most actively traded stocks by volume. In terms of monetary value, Al Rajhi Bank, Saudi Aramco, National Commercial Bank, Americana, and SABIC the list, confirming the continued focus of institutional and individual liquidity on leading stocks with high financial standing.
Performance of the parallel market "Growth"
In contrast, the Saudi parallel market index, Nomu, declined in today's session, closing down 33.46 points at 23,639.92 points . Trading value in the parallel market reached approximately 13 million riyals , with a volume of over one million shares traded, highlighting the divergence in performance between the main market and the parallel market.
Economic importance and general context
This performance is particularly significant given the position of the Saudi Stock Exchange (Tadawul) as the largest stock market in the Middle East and North Africa region. The index's stability above 11,200 points is a positive indicator that reinforces the confidence of both local and foreign investors in the strength of the Saudi economy.
These transactions come at a time when the Kingdom is witnessing significant economic activity as part of Vision 2030, which aims to diversify income sources, deepen the financial market, and attract foreign investment. The continued flow of liquidity at billions daily reflects the market's depth and its ability to absorb new offerings and global fluctuations, thus solidifying the Kingdom's position as a leading investment destination regionally and internationally.
