TASI dips slightly at midday

The TASI index declined marginally by 0.02%, closing at 10,714.56 points amid mixed performances across major sectors. The utilities sector provided the largest support with an increase of 1.38%, while the Media and Entertainment sector experienced a sharp decline of 2.33%. The top gaining stocks were Darb Saudi Arabia, which rose 8.53% following a compensation rumor, and Madinah Knowledge City, up 6.36% after signing a real estate development agreement. Conversely, Shams and SAL stocks saw the biggest drops, decreasing by 4.70% and 4.66%, respectively. PetroRabigh traded the highest value at 183.09 million riyals despite a drop in its price, while Aramco's trading volume reached 172.88 million riyals.

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