Despite the brilliance that the Saudi Stock Exchange has achieved over the past few days and the many gains that have been achieved despite the severe challenges it faces, the beginning of this week was similar to the end of the previous one, which was a new decline in the Saudi financial market index (TASI), which amounted to approximately 0.10%.
As for the major shock, it was represented by the continuous decline in the shares of some Saudi companies and institutions, even though they were able to confront the earthquake that struck the market previously, and some of those examples we present are the following:
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Enterprise
Share price in Saudi riyals
% change
Arabic pits
203
0.98
Aramco Saudi Arabia
31.55
0.47
Aldrees
163
1.09
Petro Rabigh
9.11
1.19
Addis
24.98
1.07
Saudi Group
19.94
0.80
Hail Cement
11.58
0.17
Qassim Cement
66.40
0.17
Tabuk Cement
13.20
0.90
Alhokair
2.83
1.39
MBC Group
215.60
0.65
In the face of these frightening crises and threats to which the Saudi Stock Exchange is exposed, there is still a group of institutions standing on firm ground and even taking root on it, achieving a remarkable increase, and among them we review the following:
Enterprise
Share price in Saudi riyals
% change
Mpco
40
0.63
formation
20
0.50
Wires
31.40
1.29
BCI
33.60
1.36
East pipes
90.90
2.48
Saudi pipes
37.90
1.20
Al Yamama Steel
28.85
1.58
Al-Lujain
44.10
0.23
Namaa Chemicals
33.25
0.61
Astra Industrial
131
2.99
Riyadh Cement
30.45
0.33
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2024-01-27 08:50:00
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