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Saudi Stocks Rise as Tadawul Closes Above 11,000

Saudi market starts the week with gains

Saudi Arabia’s Tadawul All Share Index gained 35.74 points, or 0.32%, on Sunday to close at 11,068.65.

Trading volume reached 160.79 million shares, with transactions valued at around SR2.96 billion ($789 million). The MSCI Tadawul 30 Index also rose 0.38% to 1,488.06.

The latest market performance comes as investors continue to assess corporate earnings, oil-market developments and Saudi Arabia’s broader economic outlook.

Source : Arab News.

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