Saudi stocks hit 10700 points

The Saudi stock market recovered to the 10,700-point level in the first session of the week, supported by the performance of leading companies and increased gains across most sectors. The "TASI" index closed at 10,706 points, up by 1.1%. Major stocks such as Al-Rajhi, Aramco, and Maaden led the market, with gains expanding to include 193 companies across 18 sectors. Trading value decreased to 3.7 billion riyals, down 19% from the previous session. Second-quarter results confirmed the market's positive direction, with listed companies continuing to drive momentum despite a decline in liquidity. Expectations remain that performance will remain positive in the upcoming sessions.

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