Tadawul Index drops 0.05% mid-session
The Saudi Market (TASI) experienced a marginal decline of 0.05% during the mid-session, losing 4.96 points to reach 10,776.66 points. The index fluctuated between a high of 10,820.9 and a low of 10,751.02 points, with transactions totaling approximately 1.945 billion Riyals across 96.3 million shares. The Utilities sector led the increase, rising by 1.23%, supported by shares of Acwa Power and Mi Water. Conversely, the Food sector declined by 1.41%, and the Insurance sector by 1.38%. Among individual stocks, Riyada and Ata experienced notable gains, while Armuh and Nas Air shares saw significant declines. Despite the overall downturn, Al Rajhi Bank's share attracted the highest liquidity, even though it decreased by 0.30%. The session featured important disclosures and the listing of shares at lower prices, reflecting some market adjustments within the local market.
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