Saudi market opens slightly higher

The Saudi Stock Market Index "TASI" increased by 0.12%, reaching 10,296.22 points at the start of Tuesday's session, amid a positive performance in most stocks. The retail and luxury goods distribution sector led the gains with an increase of 2.75%. The "Hadid Watani" stock recorded the highest rise among stocks, climbing by 7.53% after the company announced hitting a new 52-week high of 3.07 Riyals. Trading activity also continued with transactions valued at 194.34 million Riyals, alongside gains in stocks such as "Guerre" and "Saudi Pipes". Conversely, shares of "Ruoom," "MIS," and "Al Andalus" decreased by up to 1.69%.

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