TASI index up 0.32% on materials
The Saudi "TASI" Index recorded a 0.32% increase, reaching 10,851.97 points during today's midday trading, supported by the basic materials sector which rose by 1.27%. Market activity saw transactions totaling 3.07 billion Riyals across 174.68 million shares, with varied performance among companies—shares of companies like ‘Inaya’, ‘Petro Rabigh’, and ‘Arabian Drilling’ advanced, while ‘Mahaar’, ‘Smesco’, and ‘Samtaco’ experienced sharp declines. Additionally, companies announced dividend distributions and financial disclosures. The stock of M.I.S. reached a 52-week high at 293.6 Riyals, while some other stocks hit their lowest levels in an entire year.
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