The Saudi stock market's main index (TASI) closed lower today, declining by 21.48 points to settle at 11,195.45 points . Trading volume reached approximately SAR 4.3 billion , reflecting a cautious and watchful stance among market participants.
According to the Saudi Press Agency's daily economic bulletin for the stock market, the volume of shares traded reached 239 million . The session witnessed a clear divergence in the performance of listed companies, with 84 companies an increase in their share value, while 172 companies closed lower, indicating selling pressure that affected a wide range of sectors.
The most active and influential companies
In terms of company performance, shares of Americana, Sinomie Retail, Advanced Petrochemical, Al Kathiri, and Thimar the list of gainers. Conversely, shares of Eastern Pipes, Al Jazeera, Gulf Training and Development, Resources, and Tasheel were the biggest losers in trading, with gains and losses ranging between 9.82% and 4.46% .
In terms of trading activity, Americana, Al Kathiri, Saudi Aramco, Anabeeb, and BATC Al Rajhi, Saudi Aramco, Alinma, Al Ahli, and Ma'aden topped the list, reflecting the concentration of liquidity in leading companies, the banking sector, and the energy sector.
Parallel market performance (growth)
In the parallel market, the Nomu 213.63 points today , settling at 23,673.38 points . Trading volume in this market reached approximately 14 million riyals , with over one million .
Market context and the importance of financial indicators
This performance is within the normal fluctuations of financial markets, which are influenced by multiple factors, including global oil prices, interest rates, and macroeconomic data. The Saudi stock market is the largest in the Middle East and North Africa region and plays a pivotal role in attracting foreign and domestic investment, particularly in light of the Kingdom's Vision 2030, which aims to diversify income sources and deepen the financial market.
The liquidity level of SAR 4.3 billion is a key indicator for financial analysts, reflecting investors' risk appetite. Experts typically look at the balance between rising and falling stocks to gauge "market sentiment," with a predominance of declining stocks (172) compared to rising stocks (84) suggesting a wave of profit-taking or portfolio rebalancing by both funds and individuals.
