TASI starts week up 1.48%
The main stock index, "TASI," opened today, Sunday, up by 1.48%, equivalent to 154.18 points, reaching a level of 10,547.15 points, with a positive performance from the majority of stocks. By 10:25 AM Riyadh time, trading value totaled approximately 357 million SAR through 16.9 million shares, with 247 stocks advancing and 17 declining. The Food Production sector was the top gainer, increasing by 2.90%, followed by Media and Entertainment at 2.23%, along with the Utilities and Banking sectors. Among the most active stocks, "Almarai" rose by 3.95% after announcing its financial results, and "ACWA Power" climbed following the financial closing of the second Rabigh expansion project. Conversely, "Reaadan" stock declined by 2.03%. The highest trading value was recorded by "Al Rajhi Bank," with 69.44 million SAR, up by 2.38%, while "Batic" had the highest volume traded, with 1.54 million shares. The session featured significant disclosures, including the increase in Saudi Investment Bank's capital, developments in "Al Maamar Information Systems," and an announcement that "Welty Steel" stocks have transferred to the main market. Additionally, "Ezz Al-Mamlakah" stock hit its highest level in 52 weeks at 29.20 SAR, while some stocks reached new lows.
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