Tadawul Gains on Materials and Banks

The Saudi Financial Market (TASI) closed Wednesday's session up by 0.72%, reaching its highest level at 10,775.46 points, supported by the basic materials and banking sectors, which rose by 1.85% and 1.10%, respectively. Positive financial results from petrochemical and banking companies contributed to pushing the index higher, with trading liquidity exceeding 3.77 billion SAR. Meanwhile, shares of companies such as Anabeeb and Asmak declined, and the energy market was affected by a drop in Aramco's stock. Shares of Ruum and Ya Neseeb increased, while others like Taqweem and North Cement reached new record levels.

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