TASI drops 0.41% in early session amid sector declines

The Saudi Market Index "TASI" opened on Sunday with a decline of 0.41%, influenced by selling pressures on the energy, utilities, and consumer discretionary sectors. The market traded with a value of 433.1 million riyals across 25.96 million shares, with 186 companies experiencing declines, 62 companies advancing, and 22 remaining stable. The consumer discretionary sector led the losses, while some stocks such as "Benaa" and "Miyahna" saw gains, whereas others like "Amak" and "Al-Dawaa" declined. Additionally, the awarding of the Medina public transportation project was announced, along with statements regarding quarterly earnings results from various companies.

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