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Saudi TASI ends slightly higher

Saudi TASI ends slightly higher

The Saudi Market Index (TASI) closed slightly higher on Sunday, increasing by 0.05%, with mixed performance across sectors. The index gained a modest 5.44 points to reach 10,817.01 points, amid trading volumes of nearly 3.22 billion riyals. The Basic Materials sector led gains, rising by 0.99%, while the Media & Entertainment sector declined by 3.79% and Utilities by 2.88%. Among individual stocks, MIS share reached a historic high of 292.2 riyals, while Arabiyah's shares fell by 9.96%, marking a historic low. The session included announcements of dividends and financial news from various companies, along with Tadawul’s approval for two companies to transfer their shares to the main market.

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