Riyadh - Mubasher: The Saudi Arabian transportation sector is underperforming in today's session, with the sector index falling 2.11% to reach 3,423.50 points.
Market breadth is notably weak, as the session currently records zero advancers against nine decliners, reflecting a synchronized downturn across the industry's primary constituents.
Flynas Company is currently the steepest decliner in the group, with its share price dropping by 4.02% to SAR 37.24.
This downward momentum is also visible in SISCO Holding, which is trading down 2.52% at SAR 34.80, and Saudi Public Transport Company (SAPTCO), which has retreated 1.85% to SAR 10.08.
Other notable laggards include Cherry Trading Company and SAL, which are down 1.28% and 1.23% respectively.
In terms of liquidity, SAL Saudi Logistics Services Company is leading the sector in trade value, recording SAR 10.05 million in turnover so far. It is followed closely by Flynas with SAR 8.82 million and Budget Saudi with SAR 8.82 million.
Lumi Rental Company and Theeb Rent a Car are also seeing significant activity, with trade values reaching SAR 7.63 million and SAR 5 million, respectively.