Riyadh, March 11, 2025 – The Saudi Stock Exchange Main Index (TASI) experienced a decline today, closing 90.89 points lower at 11,745.63 points, signaling a slowdown in market activity. The session saw a total trading value of SAR 5.3 billion, with a substantial 259 million shares exchanged across various sectors. Despite some upward movement in certain stocks, the broader market closed on a negative note, with 192 companies seeing losses, while 52 companies recorded gains.
The day’s performance was marked by a notable drop in the Saudi Parallel Market Index (NOMU), which fell by 300.45 points to close at 31,031.37 points. This decline reflected a broad-based pullback in the market, as NOMU also recorded lower trading volume, with SAR 40 million in transactions and more than three million shares traded.
The overall market sentiment was subdued, driven by a mix of external and internal factors that affected investor confidence. While some stocks benefitted from sector-specific gains, the overall trend was downward, suggesting a cautious mood among investors in the midst of ongoing market volatility. Analysts will be closely monitoring upcoming trading sessions to gauge whether the current trend persists or if a potential recovery is on the horizon.
Today's session highlights the challenges faced by investors in the Saudi market, with a predominance of stocks closing in the red. However, with the market still demonstrating liquidity and sector diversity, the outlook remains mixed as market participants await further developments in both domestic and global economic conditions.