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TASI Slightly Rises at Start of Trading Supported by Banking Sector

TASI Slightly Rises at Start of Trading Supported by Banking Sector

The Saudi Market Index (TASI) slightly increased during today's trading session, supported by the performance of the banking sector, which rose by 0.37%. The session saw transactions totaling 254.81 million riyals, with the index increasing by 0.05% to reach 10,710.11 points. During the session, 101 companies' stocks advanced, while 145 declined and 24 remained stable. Among the leading stocks, production shares jumped by 6.19%, whereas electrical industries shares declined by 1.83%. Topping the list, Taqeem's stock hit its lowest level in 52 weeks at 4.66 riyals. Shares of pharmaceuticals and other stocks also reached their lowest annual levels. Additionally, Al Rajhi Bank’s stock was the most active by value.

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