'TASI' Rises 1.05% to 10,589 Points, with Aramco and Al Rajhi Leading Trading

The main index of the Saudi market, 'TASI,' closed up 110.17 points, or about 1.05%, at 10,589.95 points, in a session where trading value reached 4.1 billion riyals executed across 189 million shares, according to Saudi newspaper 'Al-Watan'.

The number of advancing companies in the session outnumbered declining ones, as 189 companies rose against a drop in 71 companies, reflecting broad gains across the market. Shares of 'Aramco' and 'Al Rajhi' topped the list of most active stocks by trading value, rising around 1% for the former and 0.6% for the latter.

On the parallel index 'Nomu,' the index added 332.04 points to close at 21,736.43 points, in a performance reflecting demand for small and medium-sized enterprise stocks listed on the parallel market.

'TASI' is the main index tracking the performance of the largest listed companies in Saudi Arabia, and its sessions are monitored as a benchmark for capital movement in the region's largest financial market. The parallel market 'Nomu' includes smaller and less liquid companies than their counterparts in the main market.

What do these terms mean?

TASI: The main index of the Saudi Stock Exchange, measuring the performance of the largest listed companies. Parallel Market (Nomu): A separate market within the Saudi stock exchange where smaller, less liquid companies are listed compared to the main market. Trading Value: The total amount traded through buying and selling during the session, measuring market activity volume. Most Active Stock: The stock that captures the highest trading value in the session, often attracting the attention of traders.