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Tadawul Up 1% at Noon

Tadawul Up 1% at Noon

The Saudi Market Index (TASI) rose by 0.99%, reaching 10,583.51 points in the middle of today's session, supported by gains in the Media & Entertainment sector by 2.83% and the Insurance sector by 2.34%. Equally, stock performance was positive, with Careem leading the gains with an increase of 9.97%. Other stocks such as Saudi National Steel and Almarai experienced significant rises, while some shares saw slight declines. The session was characterized by strong trading activity, with a value of 2.08 billion riyals exchanged through 95 million shares. Companies announced new projects and agreements, and some stocks reached record levels or suffered sharp declines, such as Saudi Cement and Othaim Markets.

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