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Tadawul Index Up 0.87% at Midday
The Saudi Market Index "TASI" showed an increase of 0.87%, reaching 10,917.7 points by midday on Sunday, primarily supported by the banking sector, which grew by 1.20%. Trading value exceeded 2.33 billion Riyals, with the prices of several companies, including Nayyij and Reidan, rising by approximately 10%. Additionally, numerous stocks such as Keno and Madinat Al-Ma’arifa hit record levels during the session, while shares of City Cement declined by more than 2.4%, amid disclosures of new contracts and financing deals. Overall, the market experienced a positive performance, with some variation across sectors and individual stocks.
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