Jarir, Savola shares hit 52-week highs on Saudi bourse on June 11

Jarir Marketing and Savola Group both touched their highest levels in at least a year during trading on June 11, data compiled by Argaam showed.

The two Saudi-listed stocks closed at session highs on the Tadawul. Jarir (4210), the country's largest electronics and bookstore chain, rose to SAR 15.44. Savola (2050), a food and retail conglomerate with operations in sugar, edible oils, and grocery chains, hit SAR 46.90.

Tuesday's moves come after a stretch of strength in Saudi consumer stocks, supported by steady household spending and government-driven economic diversification. Both names are widely held by local institutions and retail investors.

Argaam did not attribute the gains to a specific catalyst. No corporate announcements from either company were released on the day.