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2026-09-27T13:24:16.750Z

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TASI Index Gains 0.78% on Banking Support

TASI Index Gains 0.78% on Banking Support

The main market index (TASI) increased by 0.78% to close at 10,681.84 points, supported by the performance of the banking and basic materials sectors. The market saw gains in 160 companies, while 98 others declined, with a liquidity of 2.5 billion Riyals exchanged through 141.34 million shares. The most prominent supporting sector was banks, which rose by 1.81%, whereas the food production sector declined by 1.12%. The market showed positive signals by regaining the 10,600-point level, but it needs to break through resistance levels at 10,700 and 10,800 points to ensure the sustainability of the upward trend. Meanwhile, Nadec and Eastern Province Development shares experienced significant gains, while Tabuk Agricultural's stock declined due to news related to capital reduction.

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