TASI drops 0.74% at midday

The Saudi Stock Market Index "TASI" declined by 0.74%, losing 80.22 points to reach a level of 10,827.45 points. Trading volumes amounted to 2.18 billion riyals through approximately 125.63 million shares. The performance was primarily affected by selling pressures in the basic materials sector, which dropped by 1.68%, and the energy sector, which declined by 1.21%. Meanwhile, the shares of some companies experienced gains, such as the Niyyij stock, which rose by 10%, and the Red Sea stock, which increased by 6.64%.

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