TASI index gains 1.21% this week
The main Saudi stock index ended its weekly trading session with a gain of 1.21%, closing at 10,954.46 points. This increase was supported by the rise in most sectors, especially banking and energy. The index reached a high of 10,966.74 points, with weekly trading volume totaling approximately 1.187 billion shares valued at 21.45 billion Riyals. The total market capitalization of listed companies stood at 9.56 trillion Riyals. Synomi Retail led the gainers chart with an increase of 30.53%, while some stocks, such as Al-Kutuli, declined by 14.81%. The market saw notable activity in major companies, with Al-Inma Bank's share rising by 2.56%, and trading volume for Al-Rajhi Bank reaching 1.794 billion Riyals. Concluding the week, the market maintained a positive performance amid sector-wise variations, especially within the banking and major energy companies' sectors.
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