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TASI Index Opens Up 0.15%
The Saudi Stock Index "TASI" started Wednesday's session with a slight increase of 0.15%, reaching 10,848.96 points as trading began. The total value of trades was approximately 486.87 million riyals, executed through 24.5 million shares. The market saw gains in 145 companies compared to a decline in 89 shares, with gaining stocks dominating most of the market. Notably, trading highlighted a 6.29% rise in the Fisheries stock, while the Abdullah Al Othaim Markets stock led the decliners with a decrease of 2.94%. Several companies also announced important disclosures, including Arabian Drilling resuming operations on all offshore drilling rigs, and Al Khuraif for Water and Energy signing an operation and maintenance contract in Khobar. Market results show a divergence between rising and falling stocks, with the Gulf Union National share reaching a 52-week high of 14.99 riyals, while other stocks traded at their lowest levels for the year.
Notice: This Is an AI-Generated Summary
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