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The Saudi Market Index (TASI) closed today with an increase of 0.86% (95.45 points), reaching a level of 11,174.13 points. This rise was supported by gains in 16 sectors, most notably Media and Entertainment with 3.50%, and Banking with 1.38%. Among the top-performing stocks were "Fakhariya" with a 10% increase and "Saudi Re" with a 9.96% rise. The total trading value amounted to approximately 6 billion riyals, with 304 million shares traded. The market experienced stability in stock performance and increased liquidity, following the announcement by Petro Rabigh of its CEO's resignation and a recommendation by Al Jouf to increase its capital.
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