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Tadawul Index Closes Up 0.32percent
The Saudi Stock Market (TASI) index closed today's session on Sunday with a gain of 0.32%, reaching 11,068.65 points, an increase of 35.74 points. The session was characterized by a higher number of advancing stocks, with the prices of 148 companies rising compared to a decline in 101 companies, while 23 companies remained stable. The total value of trading amounted to 2.96 billion SAR, with 160.79 million shares traded. Most market sectors ended in positive territory, led by the Media and Entertainment sector, which rose by 1.67%, and the Banking sector, which increased by 0.48%. Among the top gainers were the Refining companies, which rose by 7.41%, while Dún's stock led the decline with a drop of 5.91%. The session featured important disclosures, including approval from the Ministry of Energy for a new methanol plant project by SABIC, and the announcement of dividend distributions by the National Glass Industries Company.
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