Three Saudi Stocks Hit 52-Week Highs on TASI

Three stocks on Saudi Arabia's Tadawul exchange touched their highest levels in 52 weeks during trading on July 14, according to exchange data.

The three companies hit new highs without a common sector catalyst. Each rose on its own set of factors, traders said. The moves pushed the trio above resistance levels that had held since mid-2023.

The 52-week high list includes firms from different sectors, suggesting the gains were stock-specific rather than driven by a broad market rally. TASI itself was roughly flat on the session.

Argaam Investment Company, which operates the financial news platform, updated its privacy policy on the same day. The policy change covers how user data is handled across its digital services and platforms. No link was drawn between the policy update and the stock movements.