7 Hrs
Source:
الاقتصادية
Tasi hits two-week decline streak
The Saudi stocks declined for the third consecutive session, marking the longest losing streak over two weeks, amid an increase in trading value to 4 billion riyals, a 16% rise, despite widespread selling pressure. The TASI index closed at 11,034 points, down 0.4%, approaching the 200-day moving average, which emphasizes the importance of supporting current levels. The banking sector was the only one to record a gain of 0.2%, while most other sectors experienced declines. This variance in performance can be attributed to differences between large and small companies.
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