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Tadawul Index Slightly Up at Midday
The Saudi Stock Market Index "TASI" experienced a slight increase of 0.04%, reaching 11,029.29 points amid mixed sector performance. Most stocks declined, while certain sectors such as pharmaceuticals rose by 0.79% and energy by 0.38%. Trading focused mainly on Aramco, which gained 0.46%, along with other shares like Sadaq and Al-Asmak, which increased by more than 4-5%. Conversely, the transportation sector and its affiliated companies declined, following some companies' announcement of financial results or decisions related to acquisitions and capital reductions. Shares like Jigsaw and Al Waha dropped after releasing unexpectedly poor results. Total trading amounted to approximately 1.82 billion SAR through 104 million shares.
Notice: This Is an AI-Generated Summary
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