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TASI Index Falls Due to Materials
The Saudi "TASI" index declined by 0.10% amid mixed sector performances. The index experienced a drop due to pressure from the basic materials and media sectors, while the healthcare and food production sectors supported the index’s positive performance. Tabela Agricultural led the gains with a 10% increase following approval from the Capital Market Authority to reduce the company's capital, whereas Arab Cement's share declined by 6.34% after announcing its semi-annual dividend distribution. The market also saw activity in financial disclosures, with expectations of continued fluctuations in stock trading.
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