Tadawul Gains 0.37% Midday

The Saudi "TASI" index rose by 0.37% to reach 11,272.7 points amid trading valued at more than 3.14 billion Saudi riyals, supported by the banking, communications, and consumer services sectors. Meanwhile, the energy, capital goods, and insurance sectors declined. The stocks with the highest gains were Omnya Insurance, up 9.94%, and Anea Insurance, up 9.92%, while the most notable decline was M corporates, down by 3.44%. The session featured announcements of new contracts and projects, with some stocks reaching their highest levels in 52 weeks, focusing on liquidity movement and trading volumes.

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