Tadawul falls 0.16% midday
The Saudi Stock Market Index "TASI" experienced a modest decline of 0.16%, reaching 10,870.42 points amid trades valued at 2.55 billion riyals. The market saw selling pressures on 198 companies, with the Basic Materials sector rising by 0.23% and the Banking sector increasing by 0.13%. Conversely, the Media & Entertainment and Transportation sectors experienced sharp declines of 1.19% and 1.01%, respectively. Among the gaining stocks, DBS saw the highest increase of 7.29%, while shares of companies like Ground Services and Saudi Pipes dropped by over 5%. The highest liquidity was observed in Al Rajhi Bank's stock, with a value of 198.1 million riyals, despite its price decreasing by 0.31%. The market also showed varied price movements, with stocks such as Zeeb reaching 52-week lows. The session's performance was influenced by company results and financial disclosures that are being closely monitored during Thursday's trading session.
Notice: This Is an AI-Generated Summary
Comments (0)