Tadawul up 0.16% in midday trading

The Saudi Stock Market (TASI) index recorded a slight increase of 0.16%, reaching 11,176.21 points midway through Monday's session, supported by gains in the banking and energy sectors. Retail and luxury sectors rose by 0.74%, banks by 0.40%, and energy by 0.34%. Conversely, long-term goods sectors declined by 1.82%, and applications and technology services fell by 1.02%. Leading the gainers were Eastern Pipes, Al-Messik, and Paper industries, while Nassat experienced the biggest decline of 9.11%. The session saw companies signing an investment contract and stable performance among some stocks, with total trading volume amounting to 2.75 billion riyals, and the highest trading value recorded by Al Rajhi Bank.

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