Saudi stocks inch up at open

The Saudi Stock Exchange "TASI" index rose by 0.05%, reaching 9,957.43 points at the start of trading on Wednesday, October 21, amid transactions valued at 493.26 million riyals. Shares of 72 companies increased in value, led by "Kayan Saudi Arabia," which gained 8.13%, while shares of 182 companies declined, including "Electrical Industries," which dropped by 3.88%. The transportation and pharmaceuticals sectors were among the top gainers, whereas the commodities and consumer services sectors experienced declines. Kayan Saudi Arabia's stock was among the most traded in terms of volume and performance, rising by 7.69%. Meanwhile, Al Rajhi Bank's stock had the highest trading value at 112.58 million riyals, with an increase of 0.83%.

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