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Tasi recovers 34 points after decline
The Saudi Stock Market Index "TASI" increased yesterday by 34.18 points, or 0.33%, reaching 10,318.18 points. This came after four consecutive sessions of decline, despite 146 companies' shares decreasing while 104 companies’ shares rose. Trading values totaled approximately 3.2 billion riyals, down 6% from the previous session, with the traded share volume decreasing to 163 million shares from 195 million shares. The highest gainers were shares of "Asmak," "National Steel," "Guerir," "Middle East Pipes," and "Saudi Pipes." Conversely, the biggest declines were seen in shares of "Tanmiya," "Goo Telecom," "Al Masar Al Shamel," "Ground Services," and "Reedan." Most of the activity focused on shares of "National Steel," "Pipes," and "Aramco." In the parallel market "Nomu," the index rose by 80.48 points to reach 22,030.36 points, with a trading volume exceeding 17 million shares and transactions valued at 4.5 million riyals.
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