The Tadawul All Share Index (TASI) began the third week of the US-Israeli war on Iran down 0.17%, moving further away from the key 11,000-point level. It's worth noting that the TASI week will be shortened due to the Eid al-Fitr holiday starting on Tuesday, limiting trading to Sunday and Monday only.
Since the beginning of the war, the Tadawul All Share Index (TASI) has risen by 1.55%, benefiting from higher oil prices, which has contributed to the rise in Aramco and petrochemical stocks and mitigated the negative effects of the war on the Saudi stock market.
A look at leading stocks in TASI
Today, Americana shares (6015) fell by more than 3.2% to 1.79 riyals, while Aramco shares remained unchanged at 26.88 riyals per share, and Al Rajhi Bank rose by 0.3%. STC shares traded sideways at 42.26 riyals, while Mobily shares declined by 1.8% and Zain Saudi Arabia shares by 0.6%.
The biggest losers and gainers today
Shares of Modern Mills fell by 5.59%, making it the biggest loser so far in Tadawul shares, followed by Al Tasnee with a 4.6% drop, Al Asmak with a 4.46% drop, and Amiantit with a 4.22% drop.
As for the top-performing stocks, Abu Moati led the way with a 7% increase, followed by Kemanol at 6.5%, Al-Dawaeia at 6.12%, Shaker at 4.79%, Dar Al-Maadat at 4.4%, and Lazurde and Ania at 4.2%.
