TASI rises 0.32% in first session

The Saudi Stock Market Index "TASI" closed today's session on Sunday with a gain of 0.32%, finishing at 11,068.65 points, driven by an increase in the share prices of 148 companies and a decline in 101 companies. The session experienced positive performance across 16 sectors, most notably the Media and Entertainment sector, which rose by 1.67%, and the Banking sector, which gained 0.48%. The petrochemical company "Al Maysarah" recorded the highest increase, rising by 7.41%, while the "Leden" stock led the decliners with a decrease of 5.91%. Total trading volume reached 160.79 million shares, with a total value of 2.96 billion SAR. Major companies such as "Al-Dowaiyah" and "Al-Rajhi" showed high activity in liquidity and volume. Additionally, long-term disclosures included SABIC's approval to establish a methanol plant with a capacity of 1.8 million tons annually. Some companies' stocks also hit their lowest levels in 52 weeks.

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