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Tadawul Index rises 1.21% this week
The Saudi Market Index ended the week with a gain of 1.21%, increasing by 130.86 points to close at 10,954.46 points, supported by the performance of most sectors. The market traded 1.187 billion shares with a total value of 21.45 billion Riyals. The value of the largest companies rose, led by Cinemoy Retail, whose share increased by 30.53% to close at 17.87 Riyals. Americana was the most active company in terms of volume, while Al Rajhi Bank led in trading volume with a value of 1.794 billion Riyals. The energy and metals sectors also saw gains, such as Bahri, which rose by 10.65%, and Maaden, which increased by 3.65%. Some stocks declined, most notably Alkoutly, which dropped by 14.81%. Overall, the index remained at high levels with varying performances among the listed stocks.
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