TASI Falls 1.94% Weekly
The Saudi Stock Exchange "TASI" concluded its week with a decline of 1.94%, recording a loss of approximately 205.91 points, bringing the index to 10,392.97 points. The market's total market capitalization decreased by 176.73 billion riyals to 9.123 trillion riyals, due to persistent selling pressure and weak liquidity. All sectors declined except for consumer services, which rose by 1.84%. The most affected stocks were Abu Ma’ati and Tabuk Agricultural, while Aneyat led the gains with an increase of over 18%. At the same time, weekly trading value increased by 43%, with a significant rise in traded volumes. The market anticipates a possible improvement in the coming week, supported by measures to develop trading mechanisms and boost activity among local investors, while remaining vigilant at the key support level around 10,400 points.
Notice: This Is an AI-Generated Summary
Comments (0)