Money and Business

Saudi stock performance today: Index rises with liquidity of 7.7 billion

The Saudi Stock Exchange's main index (TASI) closed today with a notable rise, adding 43.38 points to close at 11,158.45 points. This positive performance was supported by strong liquidity, with total trading value reaching approximately SAR 7.7 billion, reflecting investor confidence and market activity.

The session saw trading of approximately 319 million shares across various sectors. According to the daily economic bulletin for the Saudi Stock Exchange issued by the Saudi Press Agency, data showed a dominance of winning stocks, with 135 companies recording an increase in their share value, compared to 112 companies whose shares declined, indicating a positive trend that prevailed in most market sectors.

Top performing companies in the market

In terms of performance details, the top performing stocks were those of Sadafco, Almarai, Nadec, Masic, and ACWA Power, with gains ranging from 7.07% to 9.97%. Conversely, the worst performing stocks were those of Jahez, Industries, Dallah Healthcare, Al Jouf Cement, and Sinomy Retail.

In terms of trading activity, Americana, Saudi Aramco, Maharah, Kayan Saudi, and Al-Kimiya were the most actively traded stocks by volume. Meanwhile, ACWA Power, Saudi Aramco, Al Rajhi, Elm, and Almarai accounted for the largest share of trading value, confirming the continued concentration of liquidity on leading and heavyweight stocks in the index.

The Saudi market in the context of Vision 2030

This performance reflects the resilience of the Saudi economy, which is undergoing massive structural transformations under Vision 2030. The Saudi Stock Exchange (Tadawul), the largest in the Middle East and North Africa region by market capitalization, is a key platform for financing mega-projects and supporting efforts to diversify the economy away from oil dependency. The listing of major national companies such as Saudi Aramco has significantly enhanced the market's depth and its attractiveness to international investors.

Regional and international importance of the market

The importance of the Saudi stock market extends beyond the local level to encompass the region and the world. The stability and growth of the Tadawul All Share Index (TASI) sends a message of confidence to regional investors and often has a positive impact on other GCC markets. Internationally, the market's inclusion in prestigious global indices such as MSCI Emerging Markets and FTSE Russell has led to a significant influx of foreign institutional investment, increasing its integration with the global economy and enhancing its transparency and efficiency.

Performance of the parallel market “Growth”

In a related development, the Nomu Parallel Market Index, dedicated to small and medium-sized enterprises, closed slightly lower by 9.38 points, reaching 22,635.06 points. Trading value on Nomu reached approximately SAR 30 million, with a trading volume exceeding 2.9 million shares.

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