Riyadh – Mubasher: The Saudi Investment Funds index closed Wednesday's session in negative territory, shedding 19.48 points to finish at 3,027.72 points.

Market breadth skewed toward decliners as 20 funds retreated against 12 gainers, while total liquidity reached SAR 20.42 million across 2.95 million shares traded.

The index faced downward pressure throughout the session, ending with a 0.64% loss. Trading activity was concentrated in the Real Estate Investment Traded Funds (REITs) sector, which dominated both value and volume charts.

Alinma Hospitality REIT emerged as the most active fund by value, recording SAR 4.27 million in trades despite a 3.25% drop in its unit price to SAR 8.04.

In the gainers' list, SABI HK ETF (9411) led the performance with a 2.96% increase, closing at SAR 12.18. It was followed by SEDCO Capital Multi-Asset Traded Fund, which rose 1.54% to SAR 6.58 on a trading value of SAR 0.81 million.

Other notable gainers included Albilad Hong Kong China Equity ETF, which edged up 0.96% to SAR 10.5, and Riyad REIT, which gained 0.40% to reach SAR 5.

Conversely,  Alinma Retail REIT was the session's steepest decliner, falling 4.65% to SAR 4.72. Alinma Hospitality REIT and Aljazira REIT also faced significant selling pressure, dropping 3.25% and 2.99% respectively.

Exchange-traded funds tracking international markets and commodities also weakened, with Albilad US Equity ETF falling 1.72% and Albilad Gold ETF declining 1.22%.

Liquidity was heavily concentrated in a few names, with Jadwa REIT Saudi Fund (4342) following Alinma Hospitality REIT as the second most traded by value at SAR 3.70 million, though it closed down 0.46% at SAR 10.83.

Alkhabeer REIT managed a slight gain of 0.17% to SAR 5.73 amid SAR 2.01 million in turnover. Derayah REIT remained unchanged at SAR 5.53 despite seeing SAR 1.27 million in trading volume.