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2026-10-07T10:38:38.780Z

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TASI drops 0.3% at midday

TASI drops 0.3% at midday

The Saudi Financial Market Index (TASI) experienced a marginal decline of 0.30%, reaching 10,558.11 points during mid-session trading, a decrease of 31.84 points. Trading was quiet, with a value of approximately 1.74 billion riyals across 112.322 million shares. The market saw a rise in Azm's stock by 5.18%, reaching its highest level in 52 weeks, while the Ground Services stock declined by 5.11%. Additionally, the basic materials sector decreased by 0.43%, banking by 0.37%, and energy by 0.22%. Conversely, the telecommunications and food sectors experienced slight increases. Al Rajhi led in liquidity activity, while Solutions stock hit its lowest level in 52 weeks. Mefk REIT's stock also dropped to its lowest point in a year, driven by sharp trading activity and price declines.

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