Riyadh, March 12, 2025 – The Saudi Stock Exchange (Tadawul) saw a decline in its main index today, with the benchmark TASI closing lower by 27.67 points, settling at 11,717.96 points. This marks a modest retreat in market sentiment, as investors faced a mixed trading session.
The total value of trades for the day amounted to SAR 7.7 billion, with a total of over 3.9 million shares changing hands across various sectors. While some stocks saw gains, the overall market experienced a pullback, reflecting a cautious mood among traders.
In a similar trend, the Saudi Parallel Market Index (NOMU) also ended the day in negative territory, shedding 268.15 points to close at 30,763.22 points. The trading volume for NOMU was valued at SAR 39 million, with the market showing a more pronounced dip compared to the main index. This shift in market dynamics reflects investor uncertainty, particularly in the parallel market, which often exhibits higher volatility.
Despite the overall decline, market analysts remain optimistic about the long-term outlook, as the market continues to show resilience in the face of global economic challenges. The session's mixed performance underlines the ongoing adjustments and market sentiment fluctuations as traders respond to domestic and international factors.
As the week progresses, market participants will be closely monitoring global trends and domestic economic indicators for signs of recovery or further volatility. The Saudi market's performance continues to be a key barometer of investor confidence, reflecting both regional and global economic conditions.