Saudi stocks rise 0.77% in Monday session
The Saudi stock market started the week with an increase of 0.77%, with the Tadawul Index reaching 10,906.54 points. Trading volumes amounted to 546.88 million riyals across 25.93 million shares. A total of 235 companies' stocks rose, while 26 declined, led mainly by the long-term goods and consumer services sectors. Among the gaining stocks, Naseej's share increased by 8.20% to 24.95 riyals, while the cement stock reached its lowest level in 52 weeks at 10.08 riyals following Qassim Cement Company's announcement of a 400 million riyal financing for a new project. Al-Rajhi Bank's stock topped the list in terms of trading value, whereas Americana's stock led in trading volume. Overall, the market performance reflects continued activity with variations across companies and sectors.
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