• stocks pressure pushed the "Tassi" to fall below the level of 8,300 points


    The Saudi stock market ended today's session down by about 50 points, under pressure from the leading stocks, so that the general index lost the level of 8,300 points, while we find that the general index took a cross path during the past sessions after a series of ascents.

    On the leading stocks, "Saudi Aramco" shares fell by about 1 percent, as the shares affected the market movement today, as the stock closed at 36.2 riyals, continuing its decline for the third consecutive session.

     Shares of Al-Rajhi Bank also fell 0.6 percent, about 2.5 percent of SABB shares, and about 1 percent of STC shares. We find that SABIC, Saudi Fransi and Bahri shares declined by rates ranging between 0.25 percent and 0.5 percent.

    The market ended the trading session today at 8,284 points, recording a decline of 50 points, or the equivalent of 0.6 per cent, and on trading, it reached by the end of trading about 14.33 billion riyals, amid the circulation of 627.7 million shares.​

    Liquidity focused during today's session on the shares of Zain Saudi Arabia and Dar Al-Arkan, at about 552.1 million riyals and 519.6 million riyals, respectively, while we find Amana Insurance third, with transactions amounting to 433.1 million riyals.

    Regarding the stocks that rose most in the market during today's session, the shares of 3 companies rose at the upper limit, which are (Amana Insurance, Maadeniya, and SABB Takaful).

    Zain Saudi Arabia also rose by 7.8 percent, recording the highest closing share in more than a year at 13.6 riyals, after the company announced today the rescheduling of a murabaha financing of 3.85 billion riyals.

    On the other hand, the shares of 11 companies fell, led by the shares of Wataniya, with a decline of 9.5 percent, followed by the shares of Najran Cement Company by 3.85 percent, and then shares of Tabuk Cement 3.3 percent.​

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