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TASI Opens Week with 0.27% Gain
The Saudi Stock Market Index "TASI" began its trading day on Sunday with an increase of 0.27%, equivalent to 29.24 points, reaching a level of 11,062.15 points, supported by positive performance in most listed stocks. The trading value amounted to approximately 640.98 million SAR, with 30.18 million shares traded. Meanwhile, 184 companies saw their shares rise, while 64 companies experienced declines. The top-performing sectors were Information Technology Applications and Services, which increased by 0.84%, followed by Retail and Consumer Goods at 0.58%, and Healthcare at 0.56%. On the other hand, notable gains were recorded by JazAdco's stock, which rose by 4.04%, and the Saudi Industrial Investment Group's stock, up 3.98%. Positive results also came from companies such as SABIC and Al Rajhi Bank. Conversely, there were declines in Riyad REIT’s stock by 4.06% and the Collaborative Insurance company's stock by 33.05%. The pharmaceutical sector's stock led activity with a trading value of about 354.21 million SAR. Additionally, stocks like King Fahd's City showed gains over the past 52 weeks, while Riyad REIT and MFI REIT reached their lowest levels of the year.
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