The main market index on the Saudi Stock Exchange, TASI, recorded a gradual increase for the second day in a row during trading on Wednesday.

Despite the slight increase in performance, it caused the liquidity available for trading to shrink to less than 5 billion riyals, with the prices of 52% of listed stocks declining, compared to the market performance during the previous trading session yesterday, Tuesday.

The index maintains its gains

The daily index ended today's session at 11,103.05 points, an increase of 2.13% from yesterday's session, bringing the percentage of gains to 6%. Despite the gains, liquidity traded in the market decreased to 4.26 billion riyals, by 13%, while the quantity of shares traded increased by 45% to 301 million shares.

Despite this increase, the number of executed transactions decreased by 12% to 373,000 transactions, and the average transaction increased by 64% to 807 shares.

Increase high and low stocks in the daily trading session

In the daily stock trading session, 230 companies witnessed the trading of their shares, with the prices of 119 companies rising, the prices of 96 companies falling, while the shares of 15 companies stabilized at their previous prices. The market value of listed shares reached 11.059 trillion riyals ($2.949 trillion) after an increase of 10.4 billion riyals ($2.8 billion) by 0.095%.

"Anaam Holding" Company's stock was at the top of the winning stocks, as its price rose by 9.1% to reach 0.96 riyals after 36 million shares were traded, followed by "Pharmaceutical" Company's stock, with an increase of 8.25% to reach 37.40 riyals after 661 thousand shares were traded.

Saudi Aramco shares recorded the highest trading volume of 266 million riyals

266 million Saudi Aramco shares were traded, making it the most liquid stock on the market.

Research and Media shares declined by 4.25% to reach 157.60 riyals, and 338 thousand shares were traded. It was followed by Naseej shares, which fell by 3.57%, reaching 54 riyals, and 530 thousand shares were traded.

Saudi Aramco shares also witnessed the largest trading volume in the market, reaching 266 million riyals, representing 6% of the market trading volume. The share price rose to 33.30 riyals, by 0.15%. Al Rajhi stock comes in second place in terms of trading volume, reaching 198 million riyals, and its price stabilized at 75.70 riyals.

The “Nomu” index also stabilized for the second day in a row in the green zone, as it rose 1.83% at the end of today’s session to 25,082 points, compared to 24,631 points in the previous session, and circulating liquidity decreased by 38% to 29 million riyals, compared to 47 million riyals in the previous session. Previously, 1.22 million shares were traded through 3438 deals, while 4038 deals were traded, a decrease of 15%.