The performance of Saudi stocks today highlights the biggest winners and losers in Wednesday's session

Key Highlights

• The Saudi stocks closed down by 0.1% at 11,002 points.

• 151 companies' stocks declined compared to 95 companies that rose in the main market.

• The parallel market, Nomu, ended trading with a rise of 0.2%.

Saudi stocks ended today's trading session on Wednesday with a slight decline, amid mixed performance of listed stocks and a drop in the majority of traded companies in the main market, while the parallel market managed to record modest gains.

The TASI index, the main index of the Saudi stock market, closed down by 0.1% at the level of 11,002 points, with trading values amounting to about 4.4 billion riyals.

The volume of traded shares reached about 229.5 million shares, while the market capitalization of the listed stocks in the main market reached about 9.8 trillion riyals, reflecting the continuation of trading activity despite the limited decline of the index.

Decline of Most Listed Stocks

During the session, 151 companies’ stocks declined, while 95 companies’ stocks rose out of 270 listed companies in the main market, reflecting a relatively bearish trend during today's trading.

The stocks of Amanah Insurance 8311, Alhamadi 4007, Rasane 8313, Fakieh Medical 4017, and Inaya 8311 topped the list of the highest gaining companies by the end of the session.

In contrast, the stocks of Jahez 9526, DBS 6015, Al-Majad for Oud 4165, PSF 1050, and Pipes 2200 were among the largest declining stocks during trading.

Nomu Market Records Gains

Regarding the parallel market, the Nomu index closed up by 0.2% at the level of 23,006 points, with trading values reaching approximately 16.7 million riyals.

The volume of traded shares in the parallel market was about 2.8 million shares, while the market capitalization reached approximately 39.3 billion riyals.

39 companies' stocks recorded gains by the end of the session, while 25 companies' stocks declined out of 125 listed companies in the parallel market, reflecting relatively better performance compared to the main market.

Performance of Saudi Stocks Between Decline and Stability

The closing of Saudi stocks today reflects a state of anticipation among investors as they continue to monitor developments in global markets and economic data affecting liquidity flows. While the TASI index recorded a limited decline, the parallel market showed a degree of resilience, indicating the continued activity in the Saudi stock market despite the pressures faced by some sectors during trading sessions.