TASI Index Falls 0.51% Amid Banking Sector Pressure and Over 2.2 Billion Riyals Liquidity

The Saudi Stock Market Index "TASI" declined by 0.51%, losing approximately 55 points and settling at 10,747 points, amid a 1.17% drop in the banking sector, with the market experiencing widespread selling pressure. During the session, trading exceeded 2.2 billion riyals across about 144 million shares. Some stocks rose, such as ‘Entaj’ by 9.95% and ‘AlBahr AlAhem’ by 4.88%, while others like Sasco and MBC Group declined. Additionally, companies announced new tender offers and collaborations. Some stocks reached their highest or lowest levels in the past 52 months.