The Saudi stock market ended Tuesday's session in the green amid gains led by banking stocks, despite profit-taking that affected petrochemical and energy stocks.
The general index closed at 11792 points, up 34 points, or 0.3 percent, while the liquidity traded amounted to 7.38 billion riyals and was concentrated on Al Rajhi Bank, Aquapower and Petro Rabigh, while the session liquidity comes through trading 198.6 million shares, with more than 341.2 thousand transactions executed.

The liquidity of the session comes through trading 198.6 million shares, with transactions executed exceeding 341.2 thousand transactions. The market's rise was supported by the rise in banking stocks, led by Al Rajhi Bank, which rose 3.1 percent to continue its rise towards its historic high in 2006.

Etisalat rose 2.8 percent, supported by the company's third quarter profit growth of 281 million riyals, up 56.6 percent, as well as revenue growth of 7.4 percent.

The market rally was supported by the rise in banking stocks, led by Al Rajhi Bank, up 3.1 percent. The shares of 57 companies rose during today's session, led by Shams, up 4.3 percent, followed by Al Rajhi Bank, and Mepco, up 2.9 percent.

On the other hand, 140 companies declined, led by Yansab, down 3.5 percent, as the stock continued its decline for the third consecutive session, affected by its third quarter results, and the insurance stocks of Al-Arabiya, Al-Inmaa, Tokyo Marine and Petro Rabigh fell more than 3 percent.

Yamama Cement opened the third quarter announcements today, where net profit fell 58% to SAR 40 million, affected by a 32% decline in revenues and on an annualized basis, the company's shares closed down 2%.

The company's shares closed down 2%.