This is one of the main reasons for the decline in liquidity of the trading Saudi equity

The main Saudi stock index closed today, in rise of 0.05%, gaining 6.06 points, and closing at 11,833.54 points, with transactions for 4.8 billion riyals.

The director of the Zad Consulting Center, Hussein Al-Raqib, attributed in an interview with Al-Arabiya a decline in momentum Liquidity in the Saudi market, due to several factors, first of all, the rise of the index to levels record which has not been seen since 2006, and this causes investors to abstain from certain types of trading, with the difficulty of daily speculation, in light of the rises.

The volume of shares traded was 143 million shares, shared by more than 250 thousand operations, in which the shares of 89 companies recorded an increase in their value, while the shares of 94 companies closed.

Shares of companies Sadr, Al-Aqaria, Al-Lujain, SEDCO Capital REIT and Jabal Omar recorded the highest gains, while shares of companies Naseej, Maharah, Taiba, Misk and Bawan were the most in drop in trading, as the percentages of rise and fall ranged from 6.72% to 4.26%, while the shares of Dar Al-Arkan, Expert REIT, Saudi Kayan, Alinma and Tasnee companies were the most active in terms of quantity, and the shares of Al-Rajhi, Sadr, ACWA Power, Dar Al-Arkan and Al-Arabiya were the most active companies in terms of value.

The Saudi Parallel Shares Index (Nomu) closed today, in rise of 468.28 points, to close at 24,638.64 points, with transactions worth 41 million riyals, and the volume of shares traded reached more than 380,000 shares, shared by 2,524 operations.

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