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TASI rises 0.43% on strong sectors
The Saudi Stock Exchange (TASI) index closed on Thursday with an increase of 0.43%, marking a gain of 45.62 points and finishing at 10,589.72 points. The positive performance was supported by 11 sectors, most notably the communications sector, which rose by 1.46%, and the banking sector, which increased by 1.40%. The market recorded a trading volume of 4.6 billion riyals across 212.82 million shares, with 122 companies trading shares, 19 companies seeing an increase in their share prices, while 129 companies declined. Among the top-performing stocks was Tabuk Agricultural, which surged by 10%, while the Tawoos Company stock experienced the largest decline, dropping 9.99% after its financial results were canceled. The market also saw disclosures of financial results and financing facilities. The "MIS" stock reached a historic high of 241.2 riyals, while shares of Miahana, Nagrân Cement, and Qie'an hit their lowest levels in 52 weeks.
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