18 Hrs
Source:
الاقتصادية
TASI drops over 100 points amid sell-offs
Saudi stocks declined today, with the Tadawul All Share Index (TASI) dropping 0.9% to close at 11,013 points, as trading value decreased to 5.75 billion SAR. The losses were driven by pressure from heavyweight stocks such as Saudi Aramco, the National Commercial Bank, and Al Rajhi Bank, particularly in the banking and basic materials sectors. Meanwhile, positive movements appeared in defensive and service sectors. It is believed that the market is experiencing a normal reaction after a strong upward wave, as investor caution returns and positions are readjusted.
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