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Tadawul Gains 1.10% at Midday

Tadawul Gains 1.10% at Midday

The Saudi Stock Market Index "TASI" increased by 1.10% to reach 10,706.19 points at midday, supported by gains in the insurance, capital goods, and basic services sectors. Conversely, sectors such as applications, technology services, and commercial services experienced declines. The most notable increase was in Lazurde shares, which rose by approximately 10%, while Elm shares fell by 8.33%. Trading volume reached around 2.12 billion riyals, with high activity in Al Rajhi and Elm shares. Several companies announced their financial results and updates on dividend distributions. The market index fluctuated between an intraday high of 10,721.45 and a low of 10,574.4 points, reflecting active market participation and investor engagement.

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