TASI edges higher amid broad gains

The Saudi Stock Market (TASI) experienced a slight increase of 0.10%, reaching 10,937.13 points, with approximate trading values of 3 billion Riyals. A total of 179 companies’ shares rose, while 77 companies’ shares declined. The Applications and Technology Services sector led gains with a rise of 1.53%, whereas the Energy sector exerted downward pressure on the index with a decline of 1.00%. The top-performing stocks, such as Sinomi Retail, Sasco, and Zuhama, increased between 5.21% and 5.86%, while shares of National Insurance, MedGulf, and Energy declined, with Aramco’s stock decreasing by 1.05%. Some companies announced profit distributions and banking facilities, while certain stocks reached new record or low levels. Notable trading activity was observed among some leading stocks.

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