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TASI opens with 0.15% rise
The Saudi "TASI" index continued its rise at the start of Wednesday's session, increasing by 0.15% to reach 10,848.96 points. Trading amounted to approximately 487 million Riyals through 24.5 million shares. The best-performing stock was Al-Asmak, which soared by 6.29%. The market also experienced notable news activities, including the Arab Drilling Company's return to 100% operation of its offshore drilling rigs and Al-Khorayef Water & Power Technology Company announcing the signing of a new contract. On the other hand, shares of several major companies declined, including Abdullah Al Othaim Markets and SABIC. Union Gulf National Company's stock reached its highest level in 52 weeks, while some stocks hit new low levels during the session.
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