Saudi market gains driven by real estate, insurance, energy
The Saudi Stock Market (TASI) experienced a slight decline of 0.03% during Sunday's trading session, losing 3.46 points to close at 10,716.82 points, despite gains in leading and mid-sized stocks. The most notable rising stock was Makkah Knowledge Economic City, which increased by 9.99% with a trading value of 50.32 million riyals, in line with ongoing construction activities and development projects in Medina. In the insurance and energy sectors, companies such as Care Saudi, which rose by 6.90%, Allied Insurance with a 4.06% increase, and Bupa Arabia up by 3.21%, all showed gains. Additionally, Petro Rabigh advanced by 3.02% amid efforts to improve production efficiency and strengthen financial structure.
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