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TASI opens with 0.03% increase amid mixed sectors
The Saudi Stock Market Index "TASI" experienced a slight increase of 0.03%, reaching 10,820.37 points, with trading values of approximately 640.75 million Riyals during the first few minutes of the session. The index hit a high of 10,843.93 points and a low of 10,809.39 points. The market saw a decline of 174 companies and a rise of 83 companies, with some stocks such as "Sico," "Sira," "Al-Mutakhadda," and "Tanmiya" performing positively, while stocks like "Mahara," "Artix," "Arabia," and "Samasco" fell after reported negative financial results or announcements reflecting a decline in performance. Additionally, companies like "Qassim Cement" and "Addis" announced dividend distributions. Some stocks hit new lows, reaching the lowest levels in 52 weeks. The market also experienced notable movements in high-trading stocks, most prominently "Maaden," "Al-Ahli," and "Al-Rajhi."
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