“TASI” rose by 0.42%, equivalent to 46.02 points, at the level of 11,073.56 points, and the value of trading amounted to about 3.48 billion riyals, while the volume of trades amounted to about 185.88 million shares.
The prices of 191 shares rose, compared to a decline in 68 of the total shares of 270 listed companies.
The rises were topped by “Sadq,” “Kingdom Holding,” and “Comprehensive Path” shares, at 9.98%, 9.96%, and 9.16%, respectively.
Kingdom Holding shares recorded the highest price since January 2016 at 13.58 riyals, after reports of the company’s potential gains from its stake in the SpaceX offering on Wall Street and its valuation at about $1.25 trillion.
Kingdom Holding stock has risen by 7.96% since the beginning of the current year, while the stock has risen by 55% in the last 52 weeks.
The declines in Saudi stocks were led by the shares of “Petro Rabigh” companies by 6.3%, “Senomi Retail” by 5.83%, and “Saudi German Health” by 5%.
