TASI Slightly Rises at Start of Wednesday Trading Supported by Retail and Banking Stocks
The Saudi Market Index (TASI) started Wednesday's trading session with a slight increase of 0.13%, reaching 10,730.03 points. This rise was supported by the retail and banking sectors, with most stocks advancing. The trading volume increased to 335.61 million riyals through 20.31 million shares. The retail and consumer essentials sector led gains with an increase of 1.33%, while the energy sector experienced a decline of 0.53%. Jarir and its subsidiaries were among the most active stocks, with their share price rising by 2.41% following the announcement of semi-annual financial results. In contrast, Petrorabigh's shares fell by 5.66%.
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