Tadawul drops 0.68% at midday

The Tadawul All Share Index (TASI) decreased by 0.68% during midday trading to reach 10,120.22 points, influenced by significant declines in the media and insurance sectors, which fell by 2.66% and 2.29%, respectively. The session saw selling pressure on 202 companies, with total trading values amounting to 1.86 billion SAR. Among the most active stocks, Ladun’s share rose by 9.55% to reach 2.18 SAR, while Tihama led the declines with a drop of 6.78%. In the banking sector, Al-Rajhi Bank’s share accounted for the highest liquidity, trading at 200.33 million SAR despite a decrease of 0.57%. Andalus Real Estate announced the purchase of land in Al-Mashaael neighborhood in Riyadh for 83.8 million SAR to be used for logistics activities.

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