TASI drops for two months despite Aramco rise

The Saudi stock market recorded its longest declining streak in two months, marking the sixth consecutive drop amid pressure from companies, especially banks, despite Aramco's stock rising by 1.8% in its best daily performance since March. The index fell to 10,908 points, a decrease of 0.23%, amid a weak trading environment where trading values declined by 41% to 2.5 billion riyals. Activity was concentrated in key sectors such as banking and energy, with the market's technical performance continuing to lag despite a slowdown in the rate of decline.

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