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TASI Up 0.11% Midday

TASI Up 0.11% Midday

The Tadawul Index in the Saudi market experienced a slight rise during the mid-trading sessions, increasing by 0.11% to reach 10,876.76 points, mainly supported by the banking and insurance sectors. The market saw trades worth approximately 2.53 billion riyals across more than 106 million shares, with varied stock performances—74 companies advanced while 183 declined. Gains were concentrated in the insurance and banking sectors, while the media, entertainment, and food sectors were among the most affected by declines. Keramail's stock rose by 4.82%. Conversely, other stocks declined. The most significant news involved disclosures about acquisitions and profit distributions, with several stocks hitting historic lows amid active and ongoing trading.

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