Saudi stocks up 0.43% on Monday
The Saudi stock index (TASI) rose by 0.43% at the start of Monday's session, supported by a 0.96% increase in the basic materials sector and trading exceeding 734 million riyals. The market saw most stocks rise, led by "Jahez," "Flynas," and "Naseej," while shares of "Saud" (Sadaq), "Lubereef," and "Petro Rabigh" declined. Al Rajhi Bank recorded the highest liquidity with a value of 114.7 million riyals, despite its increase of only 0.22%. The board of directors of the Gas and Industrialization Company announced the distribution of semi-annual profits, and the Milling Company announced the payment of a voluntary installment worth 50 million riyals.
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