
Shares of four Tadawul-listed companies fell to 52-week lows Tuesday, data compiled by Argaam shows, marking continued weakness in the Saudi market.
Four companies listed on the Saudi Stock Exchange (Tadawul) fell to their lowest levels in 52 weeks on Tuesday, data compiled by Argaam showed.
The data did not specify which stocks reached the benchmark. The broader Tadawul All Share Index closed the session with a loss of 0.3%, according to exchange figures.
Traders noted that the breadth of 52-week lows on a single day can signal sector-specific pressure or broader rotation, though no single driver emerged from the session. The Saudi market has been tracking oil prices and global rate expectations this month.
The Argaam data tracks closing prices against rolling 52-week windows. No specific catalyst was cited for the declines.
The index has dropped about 5% from its April high, mirroring weakness in Gulf markets as crude prices eased.
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