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Tadawul rises 1.15% at midday
The Saudi Financial Market Index "TASI" rose by 1.15% during the mid-session today, reaching 11,098 points after gains in three main sectors, despite a decline in the energy sector. The market managed to trade more than 5.32 billion riyals, with 216 companies advancing compared to 45 companies declining. The gains were primarily concentrated in the Media & Entertainment, Utilities, and Technology sectors, while the Service, Commercial, Professional, and Energy sectors experienced declines. United Insurance's stock saw the largest increase of 9.90%, and GIG Company reached its highest level in 52 weeks. Meanwhile, Al Rajhi Bank's stock dominated trading values with 805 million riyals.
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