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Tadawul Index Ends Slightly Higher
The Saudi Stock Market Index "TASI" concluded today's session with a slight increase of 0.10%, gaining approximately 10.94 points to close at 10,844.12 points. Gains were concentrated in the insurance, real estate management and development, banking, and energy sectors, while the media, basic materials, and telecommunications sectors experienced modest declines. The most rising stocks were Tabuk Agricultural Company, which increased by 10%, and Madinat Al-Ma'arifa, which rose by 7.82%. Conversely, Lazurde and Abdullah Al Othaim Markets saw the largest declines, dropping by 4.31% and 3.92%, respectively. The session also witnessed total trading values of 5.06 billion riyals, with Petro Rabigh and Madinat Al-Ma'arifa hitting their highest levels in 52 weeks. The session included announcements of new contracts and record highs for various company stocks, reflecting mixed performances across listed companies and stocks.
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