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TASI drops 0.20% amid banking sector pressure
The Saudi Stock Market Index (TASI) decreased by 0.20%, closing at 11,237.93 points. The banking sector declined by 0.66%, along with other sectors such as home and personal products, while the food sector experienced a rise of 1.43%. Nadec’s stock led gains with a 9.98% increase after the General Assembly approved the capital increase. On the other hand, the biggest losers were Al-Khoudry, down 3.94%, and Asiah, down 3.77%. Total liquidity amounted to over 5 billion Riyals, with 250 million shares traded. The Al Rajhi Bank recorded the highest trading value at approximately 468.67 million Riyals, despite its decline of 1.01%.
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