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Tadawul drops 0.28% mid-session
The Saudi Stock Market Index (TASI) experienced a decline of 0.28% during midday trading, losing approximately 29.8 points to reach 10,774.31 points. Trading volume amounted to nearly 1.5 billion Riyals, with a dominance of losing companies—148 companies compared to 106 gaining and 16 remaining stable. The session saw performance disparities among sectors, with the Healthcare sector rising by 1.92%, supported by the Sulaiman Al-Habib stock, while the Retail and Entertainment Goods sectors fell by 2.62%, pressured by Jarir's stock. Tередеб Agricultural topped the gains with a 9.96% increase following approval by the Capital Market Authority for a capital reduction. Conversely, the Eastern Pipes stock led the declines with a 5.86% drop. Al Rajhi Bank's stock recorded the highest trading liquidity at 89.86 million Riyals, rising by 0.63%. Other stocks reached their lowest levels of the year, while the highest price for the Paper Industry stock was 66.8 Riyals, up by 3.41%.
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