Masar's stake drives Saudi market rise
Al Qarya for Development and Reconstruction Company "Masar" achieved a 10% gain (the maximum limit) in the Saudi market after approving its project "Masar Destination" in Mecca, within areas open to non-Saudis for ownership. The stock price increased to 18.48 Riyals from 16.80 Riyals, with 1,297 transactions involving 4.265 million shares and a trading volume of 78.82 million Riyals. Meanwhile, the Tadawul All Share Index (TASI) rose by 0.22% to reach 11,058.16 points.
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