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Tadawul Index Falls 0.34% at Market Opening on Wednesday
The main Saudi market index, Tadawul, rose by 0.60% to reach 10,846 points, but it declined at the start of the session to a low of 10,814.09 points, influenced by sell-offs affecting 218 shares compared to an increase in 41 shares. The energy sector led the gains, while the utilities and transportation sectors experienced sharp declines, with Acwa Power's stock dropping by 2.26%. Shares such as Tanmiah and Petro Rabigh achieved record highs, while stocks like United International Holding and Extra declined due to negative financial results. The total value of initial transactions was approximately 406.96 million SAR, with active trading on ARAMCO shares, which led the liquidity activity.
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