Al-Masafi, Banān, and Wafra rise in Saudi market

The Saudi market experienced a noticeable increase on Sunday, with the TASI index closing up by 0.32%. The Arab Sahara Petrochemical Company (Sahara Petrochemical) led the gainers, rising by 7.41% to reach 58 riyals, with 1.2 million shares traded valued at 68.34 million riyals, amid strong interest in the energy sector. Additionally, companies such as Banan Real Estate, Wafa for Industry and Development, Sasco, Al Jouf Agricultural, Bawan, Riyadh Cables Group, Annam International, Basic Chemicals Industries, and Saudi Research and Media Group saw increases ranging between 2.40% and 4.17%. These gains came amid the index remaining stable above key support levels, with investors focusing on sector-driven stocks and active trading.

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