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TASI Indices Rise 1.48 Percent

TASI Indices Rise 1.48 Percent

The Saudi Stock Exchange "TASI" index opened the week with a rise of 1.48%, equivalent to 154.18 points, reaching a level of 10,547.15 points. The session saw positive performance from the majority of stocks, with trades totaling 356.95 million SAR across 16.9 million shares. The Food sector led the gains with an increase of 2.90%, while "Almarai" rose by 3.95% following the announcement of its preliminary financial results. "ACWA Power" also gained after announcing the completion of financing for the second Rabigh expansion project. On the flip side, "Redan" stock declined by 2.03%. "Al Rajhi Bank" was the most traded stock with a value of 69.44 million SAR, achieving an increase of 2.38%. The market also saw the announcement of results and developments related to other companies, with some stocks suspended from trading and some companies reaching new price levels during the session.

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