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TASI index dips 1.19% midday

TASI index dips 1.19% midday

The Saudi stock market experienced a significant decline on Wednesday, with the "TASI" index dropping by 1.18% to reach 10,195.77 points, pressured by widespread selling across most traded stocks. Trading volumes amounted to approximately 1.885 billion Riyals through more than 109 million shares. The "National Steel" stock led the gains, rising by 9.97%, while "Sal" stock recorded the largest decline at 6.8%. All major sectors saw decreases, particularly media, entertainment, banking, and energy. Additionally, the parallel market index "Nomu" decreased by 1.44%, reaching 21,712.51 points.

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