24 Hrs
Source:
الاقتصادية
Taassi begins week with 10800-point drop
The Saudi stock market started the week with a loss, as the "TASI" index dropped to 10,767 points, down by 0.4%. This decline was primarily due to pressure from the energy sector, especially Aramco, while the healthcare and banking sectors helped to mitigate the extent of the losses. Healthcare stocks rose by 2% following record-breaking quarterly earnings, but market weakness and subdued trading activity, which declined by 41%, suggest that selling pressure may continue if risk appetite does not improve.
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