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TASI declines 0.22% at week's end

TASI declines 0.22% at week's end

The Saudi Stock Market Index "TASI" declined by 0.22% at the start of today's Thursday trading session, influenced by the insurance and basic materials sectors. The index recorded its lowest level at 10,509.34 points, after opening the session at 10,543.53 points. The market saw a total trading value of 296.42 million riyals through 17.37 million shares, with 130 companies experiencing a decline and 122 others seeing gains. Despite the overall decline, Tamerco's stock dropped by 7.56%, while the Fourth Mills Company's stock rose by 3.9% following its financial results. The highest liquidity levels were registered by Al Rajhi Bank with 24.96 million riyals. Some stocks hit record lows or historic lows, such as Tabuk Cement and healthcare companies, amidst volatile market performance.

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