TASI Closes Above 10,000 Points for the First Time Since October 19
The TASI index closed up 0.37% at 10,023.47 points, marking its third consecutive gain and first closure above 10,000 points since October 19, with trades reaching 5.22 billion riyals.
The TASI index closed Wednesday's session up 37.02 points, or 0.37%, at 10,023.47 points, marking its third consecutive gain and its first closure above 10,000 points since October 19.
Trading value reached 5.22 billion riyals across 348 million shares, with shares of 208 companies rising and shares of 55 companies falling.
In the parallel market Nomu, the index fell 1.22% to 21,273.73 points, defying the main market's trend.
The higher close came despite the index falling 1.3% in morning trading following news that Houthis targeted the Ras Tanura refinery, before the market regained its balance and closed higher.
What Do These Terms Mean?
TASI Index: The main index of the Saudi stock exchange, measuring the performance of listed companies' shares in the market.
Nomu Parallel Market: A separate market on the Saudi stock exchange comprising smaller companies, subject to different listing and trading criteria.
Trading Volume: The number of shares traded during the session, used alongside trading value to measure market activity.
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