Are there reasons for the Saudi market’s decline today?? Here is the Saudi market index today live..

2024-01-16 09:03:01

The Saudi stock market has been expanding continuously for several years, and this is because everyone gives the stock market priority in their investment plans, because it has proven its ability to achieve the dream of wealth and obtain real profits, and in a relatively short time, despite all the risks surrounding it.

On Tuesday 1/16/2024, we will explain to you the companies that were able to raise their level and whose shares rose on the Saudi Stock Exchange, as follows:

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Company Name

Price in riyals

Percentage of change

MBC Group

52.50

5.42 %

The Red Sea

24.58

4.86 %

The oasis

39.10

3.58 %

Toby

27.35

2.24 %

Refineries

95.00

2.15 %

Mpco

36.40

2.10 %

Pottery

53.70

2.09 %

Arabic

246.60

2.07 %

Halwani Brothers

52.00

1.96 %

First mills

74.00

1.93 %

Of course, not all companies have such good luck, as some of them may be exposed to crises and fluctuations that lead to their decline in the stock market. We explain these companies as follows:

Company Name

Price in riyals

Percentage of change

Al-Baha

0.14

(6.67 %)

fitness time

182.40

(1.94 %)

cisco

32.60

(1.66 %)

SADAFCO

357.80

(1.65 %)

Arabic pits

205.00

(1.44 %)

Saudi entity

10.26

(1.16 %)

sincerity

12.00

(1.15 %)

Chemical

4.41

(1.12 %)

Reconstruction

22.94

(1.12 %)

Savola Group

46.60

(1.06 %)

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