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TASI closes down 2.32 percent

TASI closes down 2.32 percent

The Saudi Stock Market Index (TASI) session on Thursday closed down by 2.32%, losing approximately 231 points to reach 9,695.86 points. During the session, selling dominated most stocks, with prices of 255 companies decreasing compared to only 13 that rose. All sectors closed in the red, with the capital goods sector declining by 5.3%, and a total of 46 declines in the market. The worst performance was seen in the electrical industries and Uqair Cement stocks, while Union's share experienced the highest rise, increasing by 10%. Total liquidity amounted to 4.88 billion riyals, with 329 million shares traded. Notable developments included the announcement of financial results, updates on capital reduction requests, and disclosures from various companies.

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