Semi -group pressure for the sectors pays “Tassi” to lose the longest chain in 3 months
April 21, 2025
Saudi stocks lost the tallest series in 3 months, as they fell in a session today, Thursday, to end the deals of the last day of the week at 11553 points lost 0.7%, under pressure from most companies, led by “Saudi Aramco”.
The performance came in line with the previous “economic” analysis, as it was indicated that the market may witness an increase in sales pressure to prefer short -term customers and earn profits after a wave of 9% during the past few period.
As the market stops for the weekly leave, investors are awaiting any variables on international trade that affect local companies with the continued high uncertainty as a result of the trade war.
Trading values fell 19% to 4.7 billion riyals, and the highest trading “small companies” was 1.9 billion riyals, while the least in “large companies” was about 1.2 billion riyals.
The market witnessed a semi -collective decline in the sectors except for “real estate management and development”, which rose alone by 0.4%, while “media and entertainment” came at the top of the retreat by about 2.9%.
Financial Analysis Unit
