Media and property stocks drive Saudi market rise

The Saudi stock market ended the beginning of the week with an increase of 0.82%, with the Tadawul All Share Index (TASI) reaching 10,189.77 points. There was strong performance in the media, real estate, and consumer services sectors. The Arab Company for Technical Undertakings topped the gainers list with a rise of 9.97%, benefiting from trades worth 52.44 million riyals, with a trading volume of 1.28 million shares. Additionally, LDN Investment Company’s stock saw a strong increase of 9.94%, with traded volumes amounting to 26.47 million shares valued at 51.31 million riyals, reflecting strong investor interest and clear buying activity. Moreover, shares of other companies in the real estate, industrial, and sports sectors also achieved notable gains, with accumulated strong trades and diversification across traded sectors. This overall indicates investor confidence and a positive market performance at the start of the week.

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