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TASI Up 1.05% Reaches 10,500 Points
The Saudi Financial Market Report "TASI" closed higher by 1.05% at the level of 10,590 points, supported by gains in the food, technology, and insurance sectors. The market maintained stability above a key support level of 10,500 points, which enhances the prospects of continuing the upward trend. These increases come amid an improved risk appetite and a return of buying momentum, with expectations of further rise to the 10,700-point level, contingent upon monitoring liquidity performance and company results during the third quarter. The most prominent stocks were "Ain" and "National Steel," while the market also saw disclosures regarding investments and financial developments from companies such as "The Major Factories for Mining."
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