The Saudi stocks close steady after a sharp decline at the beginning of the session.

The Saudi stock market index closed on stability on Thursday, with the main index (TASI) ending the session up by about 9.01 points to a level of 12,097.75 points, after dropping to its lowest levels in a week earlier in the session. The trading volume today reached around 358.7 million shares, valued at approximately 7.8 billion Saudi Riyals, executed through about 578.1 thousand transactions.

Regarding the trading of Saudi stocks today, the shares of companies such as N Nais One, Cineomi Retail, Abu Maiti, Anabeeb, and Suleiman Al Habib saw the highest increases during the transactions, while the shares of companies like Salama, Al Mousa, Shakir, Al Zamil Industrial, and Atta experienced the largest declines. The rates of increase and decrease ranged between 3.65% and 7.69% in the Saudi stock market.

Additionally, the index of the parallel stock market (NEMO Limit Up) closed today rising by about 251.24 points to a level of 30,783.15 points, with trading volume reaching 74.4 million Saudi Riyals. The volume of shares traded in the Saudi parallel stock market was about 5 million shares, executed through 6,210 transactions.

As for the performance of companies in the Saudi stock indices today, the TASI main index saw 96 companies rise at the close, while shares of 133 companies declined. Meanwhile, the index of the Saudi parallel stock market recorded an increase in shares of 56 companies and a decline in shares of 32 companies during the transactions, until the close of the session.