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TASI starts Tuesday lower
The Saudi "TASI" Index started Tuesday's session down by 0.18%, reaching 11,005.19 points, with trades totaling approximately 404 million Riyals through 24.23 million shares. Prices declined for 193 companies while 53 companies saw gains. The Long-Term Consumer Goods sector led the rise, up by 0.87%, whereas the Media and Entertainment sector experienced the biggest decline at 0.70%. Among individual stocks, Sedq's share saw the highest increase of 5.27%, while JESCO's stock dropped by 4.94% following weak financial results. Al Rajhi recorded the highest value of liquidity, amounting to 36.65 million Riyals. The market also witnessed important announcements, including Taqa's signing of a contract with the Ministry of Commerce and preliminary financial results from other companies.
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