Breaking News: Longest Losing Streak in Saudi Stock Market History – Al-Marsad Newspaper

2023-08-08 13:46:10

Al-Marsad Newspaper: The main Saudi stock index closed today, down 27.67 points, to close at 11244.27 points, with transactions worth 6 billion riyals.

Longest losing streak

The Saudi stock market, “TASI”, closed down for the ninth consecutive session, in the longest series of losses since 2016, according to Al-Ekhbariya.

And the shares traded today, 219 million shares, in which the shares of 115 companies recorded an increase in value, while the shares of 102 companies closed down.

the highest

The shares of Senomy Retail, Electrical Industries, Al-Rajhi Takaful, Malath Insurance, and Al-Ittihad were the highest gainers.

lowest

As for the shares of Mouwasat, Food Development, Health Dallah, Al-Baha, and GIG, the lowest in trading, as the rates of rise and fall ranged between 9.99% and 8.94%.

most active

The shares of Saudi Aramco, Americana, Al-Baha, Dar Al-Arkan, and Shams were the most active in quantity, as were the shares of Saudi Aramco, Bupa Arabia, Luberef, STC, and Al-Rajhi were the most active in value.

And the Saudi parallel stock index (growth) closed today, down 104.01 points, to close at the level of 23539.75 points, with transactions worth 43 million riyals, and the amount of shares traded amounted to more than 2 million shares.

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