Tadawul dips 0.71% due to materials

The main Saudi market index (TASI) declined by 0.71% to close at 11,158.54 points, mainly influenced by the basic materials sector, which dropped by 1.52%. The session recorded trades worth 3.51 billion riyals, with most stocks decreasing and some rising, such as Nayyis and Asmak, both by approximately 10%. Aramco's share led the list of the most gaining stocks following its announcement of being listed, while Northern Cement's share was the biggest loser, falling by 5.43%. The session also saw announcements of contract signings, expansions, and investment book disclosures, with Aramco reaching a historic high of 57.1 riyals.

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