Tadawul drops 0.58% at midday

The Saudi stock market experienced a decline during midday trading today, Tuesday, with the Tadawul All Share Index (TASI) dropping 0.58%, losing 61.83 points to reach 10,517.35 points. The negative impact was mainly driven by the Basic Materials sector, which declined by 1.56%, amid widespread declines across most sectors, with 210 companies decreasing and only 45 rising. Among the gaining stocks, Madinah Knowledge City recorded the highest increase at 10%, while Al-Khutayri was the most declined, down by 5.22%. Trading value until midday was approximately 1.7 billion SAR, focusing on companies with mixed performance.

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