“TASI” ends the last sessions of May lower of 1.7% recording largest monthly losses in about two years

Saudi stock index “TASI” ended the last session of May with a decrease of 193.02 points, or 1.65%, compared to the previous session and closed at 11,503.49 points.

The losses of the Saudi stock market during the month of May amounted to 891.42 points, or 7.2%, compared to the close of last April, which was 12,394.91, continuing its monthly losses for the third month in a row, and recording its largest losses on a monthly basis in about two years, specifically since the losses recorded in June 2022, which amounted to 10.8. %.

On the other hand, the parallel market index “Nomu” ended today’s session with gains of 307.64 points, or 1.17%, compared to the previous session, and closed at 26,610.57 points.

Liquidity in TASI today amounted to about 13.1 billion riyals, and came from the trading of 416.1 million shares through the implementation of 636.7 thousand transactions.