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Tsasi gains support from insurers and pharma

Tsasi gains support from insurers and pharma

The Saudi Market Index "TASI" showed an upward trend at the start of Thursday's session, rising by 0.19% to reach 10,800.33 points. This increase was supported by the insurance and pharmaceutical sectors, which achieved gains of 2.18% and 1.45%, respectively. Trading values amounted to approximately 344 million Riyals during the first few minutes, with notable increases in the prices of some stocks such as "Redan" and "Al-Ahli REIT 1," while other stocks like "CJS" and "Almamlaka" experienced declines. Several companies announced the signing of contracts and significant developments, along with regulatory procedures concerning the issuance of sukuk, reflecting active and professional market activity in the Saudi stock market.

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