21 Hrs
Source:
الاقتصادية
Taasi exceeds 11,100 points amid steady company participation
The Saudi stocks rose for the second consecutive session, supported by most companies despite a decline in activity. The index closed at 11,104 points, up by 0.6%. Gains were concentrated in the banking and basic materials sectors, while other sectors such as energy were affected, dropping by 1.1%. Liquidity movements showed a preference for high-multiple stocks and losing companies, as the market continues to seek stability above 11,000 points amid oil price fluctuations and anticipation of the US Federal Reserve meeting.
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