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TASI index rises 0.26% on Thursday
The Saudi Stock Exchange (TASI) closed today, Thursday, up by 0.26%, gaining 28.77 points to reach 10,954.46 points. Seventeen sectors advanced, led by the Technology Applications and Services sector, which increased by 2.04%, and Basic Materials, which rose by 1.05%. Market activity was primarily focused on the Al Rajhi Bank share, which topped the list of most active stocks by value at 605.51 million riyals, and Aramco, which experienced a decline of 0.90%. Companies such as Saudi Human Resources Solutions and Avalon Pharma announced dividend distributions and renewed banking facilities. Despite some declines, stocks reached record highs, especially PIF and Knowledge City, although they fell back, while MFUK REIT hit its lowest level in 52 weeks.
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