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Tadawul Index edges up at close
The Saudi Stock Market (TASI) index closed today with a slight increase of 0.02%, equivalent to 2.28 points, settling at 10,769.12 points. The session experienced fluctuations between gains and losses, with 136 companies decreasing and 120 companies rising, while 14 remained unchanged. Trading volume reached 211.51 million shares worth 4.45 million Riyals. Performance was concentrated across 11 sectors in the green zone, led by the Healthcare sector, which rose by 2.55% driven by Sulaiman Al-Habib stock, and the Food Production sector, which increased by 1.94%. Conversely, the Media and Entertainment sector recorded the lowest performance, declining by 1.81%. Among individual stocks, Tabuk Agricultural Company led the gains with a 10% increase, while Saudi Cement experienced the largest decline at 5.87%. Propelling the most trading value was Petro Rabigh, with transactions totaling 618.44 million Riyals, followed by Al Rajhi Bank with liquidity of 308.49 million Riyals. Several companies' stocks hit their lowest levels of the year, including trading companies and Nagrain Cement, while Saudi Cement closed at its lowest point in a year.
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