Friday, October 27, 2023

TASI up 66.80 points with healthcare stocks leading at closing bell


Saudi Arabia’s Tadawul All Share Index closed at 11,344.40 on Thursday, gaining 66.80 points or 0.59%. The Pharma, Biotech & Life Science Index was the top-performing index of the Saudi Stock Exchange, rising 6.6%, followed by the insurance and transportation sectors, which rose 2% and 1.14% respectively. The Co. for Cooperative Insurance, also known as Tawuniya, surged 7.5% to close at SR126.20. The Capital Market Authority approved First Milling Co.’s application for an initial public offering of 30% of its share capital, with the offering size at 16.65 million shares. The shares will be offered from June 6-7.

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