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Tadawul opens week with 0.27% rise

Tadawul opens week with 0.27% rise

The Saudi Stock Exchange "TASI" index started its dealings today, Sunday, with an increase of 0.27%, equivalent to 29.24 points, reaching a level of 11,062.15 points. This positive performance was supported by the majority of listed stocks. The market recorded trades worth approximately 641 million Riyals through about 30 million shares, with 184 companies experiencing gains and 64 companies declining. The Applications and Tech Services sector led the gains with a 0.84% increase, followed by the Retail and Consumer Goods Distribution sector, which rose by 0.58%. Among individual stocks, Jazadco's share rose by 4.04%, while the shares of Al Mazyad reached a 3.98% increase, and Al Rajhi Bank's stock closed higher by 0.53%. The most decline were Riyad REIT with a 4.06% drop, and Cooperative Insurance fell by 33.05%. The market also saw notable activity in the pharmaceutical stock in terms of liquidity and volume, with transactions totaling 354 million Riyals.

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