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Eight Saudi stocks reach new lows
The Saudi financial market, "Tadawul," experienced sharp declines during today's session, with eight companies hitting their lowest historical price levels, including Al Majidiyah, MBC, Saleh Al Rashed, and Najran Cement, amidst intense selling activity. The declines were driven by strong selling pressure, despite some stocks maintaining solid financial fundamentals. Only one stock, Southern Cement, increased by 0.15%.
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