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Saudi market advances driven by real estate and banks
The Saudi stock market closed higher by 0.23%, with the Tadawul index reaching 10,742 points. This positive performance was supported by strong gains in the real estate development, banking, energy, and insurance sectors. The top-performing stocks included Masar Company, which rose by 5.22%, and Madaeen Knowledge City, which increased by 4.77%. Alawwal Bank's stock gained 4.22%, while Alinma Bank's shares went up by 2.24%. Additionally, Doro Saudi, GIG, and ‘Inaya’ stocks saw noticeable increases, accompanied by active trading volumes and high liquidity, reflecting investor confidence and improved performance across key sectors.
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