Tadawul Starts Week Up 1.48%

The Tadawul Main Market Index in Saudi Arabia opened higher by 1.48%, with a positive performance from the majority of stocks. The Food Production sector increased by 2.90%, and the Media and Entertainment sector rose by 2.23%. Shares of "Abu Maati" led the gains, rising by 6.57%, while "Almarai" saw an increase following the announcement of its preliminary financial results. "Akoowa Power" also advanced after securing financial closure for the second Rabigh expansion project. Al Rajhi Bank led trading value, while "Ezam" hit its highest level in 52 weeks. The session began with developments and notes on company results, as well as announcements related to capital increases and market adjustments.

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