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TASI opens with 0.14% rise on banking support
The Saudi Stock Market Index "TASI" increased slightly by 0.14%, reaching 11,084.49 points. This rise was primarily supported by the banking sector, which went up by 0.41%, and the pharmaceutical sector, which increased by 0.58%. Total trading amounted to 471.68 million SAR, with over 31 million shares traded. Al-K Brokers' stock led the gains with a 6.56% increase after announcing preliminary financial results, while the Ground Services stock declined by 4.23% following a new agreement between Flynas and Swissport Saudi Arabia for ground services transportation. Al Rajhi Bank attracted the largest trading volume, with 86.72 million SAR worth of transactions, and MCCI's stock reached its highest level of the year at 45.76 SAR.
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