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Tadawul rises 0.86% on sector support
The Saudi Stock Exchange (TASI) index closed today's session up by 0.86%, achieving gains of 95.45 points to reach 11,174.13 points, amid improved liquidity and strong performance across major sectors. The session saw an increase in advancing stocks, totaling 174 companies, compared to 83 declining, with 13 stocks remaining stable. Total trading volume was approximately 6 billion riyals, through 304 million shares. The Media and Entertainment sector led the rise with a 3.50% increase, while the Pharmaceuticals sector recorded the smallest decline at 0.93%. Among the top gaining stocks was "Al-Fakhariya," which rose by 10%, whereas "Rayaa" experienced the largest fall with a decline of 3.82%. Al Rajhi Bank led the stocks in terms of value traded, and Americana’s stock saw the highest trading volume. Additionally, companies announced important disclosures, including the resignation of the CEO of Petro Rabigh and the capital increase for Al Jouf Agricultural Development.
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