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TASI dips at mid-session amid sector pressure
The Saudi Stock Market "TASI" experienced a slight decline of 0.09% during mid-trading to reach 11,066.5 points, with performance fluctuating between a high of 11,084.31 and a low of 11,052.74 points. Liquidity amounted to 1.87 billion riyals. Sector impacts were mixed; the Healthcare sector fell by 1.19%, and the Basic Materials sector declined by 0.51%, influenced by a drop in SABB and Ma'aden's shares. Meanwhile, the Retail and Pharmaceuticals sectors supported the index with gains of 1.02% and 0.70%, respectively. Many stocks rose, led by Asmak with a 9.96% increase, Emaar Iron at 4.37%, and Takaful Al Rajhi at 1.46%. Kingdom Holding Company announced semi-annual dividends, and some blue-chip stocks saw historic high gains.
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