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Tadawul Index rises on banking and materials
The Saudi Stock Market "TASI" saw a rise of 0.89%, reaching 11,177.21 points, with a trading volume of 4.21 billion Riyals and 212 million shares exchanged. This increase was supported by gains in most major sectors. The Media and Entertainment sector led the gains with a 5.68% rise, followed by the Basic Materials sector which increased by 1.31%, and the Banking sector which went up by 1.28%. On the other hand, the Real Estate Funds sector declined by 0.45%, and the Pharmaceuticals sector decreased by 0.10%. Among individual stocks, Al-Fakhari shares saw the highest increase of 10%, while Reyeah's stock experienced the largest decline of 3.28%.
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