The Saudi Stock Exchange's main index closed lower today, losing 34.84 points to finish at 11,913.95 points, with a total trading value of SAR 3.8 billion.
Riyadh, December 29, 2024 – The Saudi Stock Exchange’s main index experienced a downturn today, closing lower by 34.84 points, settling at 11,913.95 points. This decline marked a cautious day of trading for the market, as investor sentiment was impacted by various factors throughout the session. Despite the losses, the total value of trading remained significant, reaching SAR 3.8 billion, reflecting active market participation.
In parallel, the Saudi Parallel Market Index (NOMU) also ended the day in the red, losing 32.71 points and closing at 30,920.40 points. The Parallel Market, which features smaller and emerging companies, reported a relatively modest trading value of SAR 50 million, showing less volatility compared to the main index. The total number of shares traded across both markets exceeded 3 million, indicating robust trading activity despite the overall decline.
Today’s market performance highlights the ongoing volatility in the Saudi stock market, where fluctuations in investor sentiment and broader economic conditions continue to influence market outcomes.