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TASI drops 0.24% at session start

TASI drops 0.24% at session start

The Saudi Stock Market "TASI" showed a decline of 0.24% at the start of Tuesday's session, losing 25.73 points to reach 10,553.45 points. Most stocks experienced declines, particularly in the basic materials sector, which dropped by 0.97%, along with the media, entertainment, and utilities sectors. Conversely, the real estate management and development, and pharmaceuticals sectors saw slight increases of 0.61% and 0.53%, respectively. The stock of "Madinat Al-Ma'rifa" led the gains with a 5.67% rise, while "Salama" was the top decliner with a 3.71% drop. The National Commercial Bank announced the renewal of an Islamic credit facilities agreement with "Zahret Al Waha" Company, and "Miyahna" stock hit an all-time low at 9.93 riyals.

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