Banking drives Tadawul up 0.23%

The Saudi Stock Market Index "TASI" finished today's session with an increase of 0.23%, closing at 10,741.99 points. This rise was primarily supported by the banking sector, which grew by 1.22%, influenced by the profits and dividends of several banks. During the session, shares of 179 companies declined, while shares of 78 companies rose. The trading turnover reached 3.96 billion riyals, with a volume of 239.72 million shares traded. Many stocks also posted strong performances, with Al-Medina Knowledge Impact reaching its highest level in 52 weeks at 13.84 riyals, while other stocks, such as Amalk, hit their lowest levels in a year. Overall, the market performance was driven by positive financial results and developments across various sectors, most notably the banking and pharmaceutical sectors.

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