TASI drops 0.58% amid materials sector pressure
The TASI index of the Saudi financial market declined by 0.58%, with most sectors experiencing a downturn, led by the basic materials sector which fell by 1.56%. Some stocks reached record highs, such as the Knowledge City stock, which increased by 10% following the announcement of land sales. Meanwhile, other stocks declined due to the outcomes of meetings and market expectations. The trading value until the mid-session was approximately 1.7 billion riyals, with liquidity concentrated in major companies. The market performance was influenced by sector fluctuations and the varied performance of individual stocks.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)