Reasons behind the rise of the TASI index 0.9% today. The strongest stocks

Reasons behind the rise of the TASI index 0.9% today. The strongest stocks
Reasons behind the rise of the TASI index 0.9% today. The strongest stocks

Saudi equities closed higher at the close on Sunday, as it led indices higher supported by gains in the Construction & Construction, Hotels & Tourism and Insurance sectors.At the close in Riyadh, the Saudi General Index was up 0.90%

The most bullish and falling stocks in the TASI index today

Among the leading stocks in the Saudi General Index, Thamar Development Holding Company (TADAWUL:4160) rose by 9.97% to close at SAR 40.80. Al-Babtain Power & Telecommunications Company (TADAWUL:TADAWUL:2320) continued to rise by 9.94% to close at SAR 39.80, while Fawaz Abdulaziz Al Hokair & Co. (TADAWUL:TADAWUL:4240) rose 9.90% to close at SAR 8.77.

The weakest performing shares at the close today, Baazim Trading Company (TADAWUL:4051) closed down 9.05% to 6.53 riyals. Wafra for Industry & Development (TADAWUL:2100) fell 6.45% to close at SAR 39.90, while Al Muammar Information Systems (TADAWUL:7200) fell 4.38% to SAR 157.20.

The number of stocks that rose exceeded the number of shares that closed lower in the Saudi stock market, with 191 companies recording an increase compared to 100 companies closing lower, while 25 companies remained unchanged.

Read also:The strongest performing stocks in the market. What comes after the last crash?

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