Saudi stocks decline and erase some of the gains from the previous session by the end of today.

The Saudi stock market index closed on Tuesday with a decline, as the main index (TASI) ended the session down by about 34.84 points to reach the level of 11,913.95 points. The index has maintained its trading below the 12,000-point level for the sixth consecutive session. The trading volume today was about 744.8 million shares, valued at approximately 3.8 billion Saudi Riyals, executed through 371,370 transactions. Regarding the trading of Saudi stocks today, the shares of companies such as Al-Bahaha, Chemical, Burgerizer, Sadeem, and Saudi Cables witnessed the highest gains during the trades, while the shares of companies like Extra, Musk, Amianteit, Jazadco, and Bawan recorded the most declines. The percentages of increase and decrease ranged between 2.62% and 9.09% in the Saudi stock market. Additionally, the parallel market trading index (Nomu) closed today down by about 32.71 points at the level of 30,920.09 points, with a trading volume of 50.1 million Saudi Riyals. The trading volume of stocks within the Saudi parallel stock market was about 3.7 million shares, executed through 5,667 transactions. As for the performance of companies within the Saudi stock indices today, the TASI index saw 64 companies increase at the close, while the shares of 168 companies declined. Simultaneously, the index for the parallel Saudi stock market experienced increases in the shares of 45 companies and declines in the shares of 41 companies during the trading session, up until the market closed.