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Tadawul Index Gains 1% Midday
The Saudi Stock Market Index (TASI) rose by 0.99% to reach 10,583.51 points amid active trading valued at 2.08 billion riyals, supported by gains across most sectors, especially media, which increased by 2.83%, and insurance, up by 2.34%. A total of 216 companies saw gains, with Alinaya leading the gains with nearly a 10% increase, while Middle East Pipes declined by 2%. Aramco recorded the highest trading value at 214.99 million riyals and six million shares traded, with its stock price rising by 1.02%. The session included disclosures about project awards and financial developments, with some stocks reaching their highest levels in the year, while others fell to their lowest points in 52 weeks.
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