Riyadh: The Saudi Stock Exchange Main Index ended trading higher today, gaining 131.66 points to close at 10650.39. The total value of traded shares amounted to SAR4.6 billion. The Saudi Parallel Market Index (Nomu) also closed higher, gaining 100.63 points to settle at 25123.21, with a total trading value of SAR31 million. More than seven million shares were traded during today’s session.

According to Saudi Press Agency, the robust performance in both the main and parallel markets indicates positive investor sentiment. The increase in the total value of traded shares suggests heightened trading activity and a surge in market confidence. The significant gains seen in both indices reflect a strong market performance, driven by increased participation and possibly favorable economic conditions.

The trading session witnessed the exchange of over seven million shares, highlighting active investor engagement in the market. This heightened activity in the stock exchange could be attributed to various factors including corporate earnings, economic indicators, and possibly geopolitical events impacting investor decisions. The positive close of the main index and the parallel market index signifies a favorable outlook for the Saudi stock market.