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TASI starts Tuesday up 0.34 percent
Saudi Market Report (TASI): The session on Tuesday began with a 0.34% increase, supported by gains in the Basic Materials sector. Trading volumes amounted to approximately 717 million SAR. The performance showed that the index rose by 36.35 points to reach 10,859.97 points, with advancing stocks leading—169 companies rose, while 76 declined, and 25 remained unchanged. The "Sekelak" stock saw a significant increase of 9.94%, while Medgulf Insurance rose by 7.88%. Nayyifat's stock increased by 2.72% following its financial results. On the other hand, Union and Allied Healthcare stocks led the declines, dropping 10% and 8.08% respectively. Meanwhile, Budget Saudi Arabia's stock hit its lowest level in 52 weeks at 27.06 SAR. Aramco and Trog Rabegh stocks exhibited mixed performance, with high trading volumes and price fluctuations. The markets began releasing disclosures about first-quarter 2026 results, accompanied by recommendations for gains and dividends, continuing the volatility in stock performance at the start of the session.
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