The main index of the Saudi stock market, TASI, reached its highest level in nearly 16 years.
According to Arabiya Net, the index rose in early trading from today's session by 0.47%, equivalent to 94.15 points, to the level of 12850.46 points, the highest level since June 2006.
The value of trades reached 2.25 billion riyals through trading on 59.39 million shares, and the market value of the market reached 12.079 trillion riyals.
The prices of 163 shares increased, compared to a decline of 34 of the total shares of 212 listed companies.
The Saudi Aramco share rose by 1.35% at a price of 44.9 riyals, after it reached during the session to 45 riyals, the highest price since the listing in December 2019, to continue the stock Its record highs during the recent period, coinciding with the rise in oil prices above $ 100 a barrel.
The Aramco share topped the trading values and volumes by about 350.16 million riyals through trading on 7.79 million shares.
Aramco is benefiting from successive rises in oil prices in global markets, due to Russia's invasion of Ukraine, which exacerbates tension in energy markets.
While shares led the gains, Jabal Omar share rose 7.23% at a price of 25.8 riyals, while Al-Arabi share led the declines by 1.4% at a price of 27.6 riyals.
