Three Saudi Stocks Hit 52-Week Lows on TASI

Shares of three companies listed on the Saudi stock exchange fell to their lowest levels in 52 weeks on Monday, July 15, according to data compiled by Argaam.

The stocks that hit new lows were not identified in the report. The broader TASI index performance was not immediately available.

Traders said the declines could reflect sector-specific pressure or broader market positioning ahead of the week's economic data. No company-specific announcements were cited as catalysts for the moves.

The three stocks join a list of TASI-listed names that have struggled to hold support levels in recent sessions, with some analysts pointing to profit-taking after a strong first-half rally.