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Tadawul drops 0.28% amid sector decline
The Saudi stock market "TASI" closed with a decline of 0.28%, losing 30.65 points to reach 11,114.9 points. Out of 270 listed companies, 182 declined, 72 advanced, and 16 remained stable. Losses were recorded across 16 sectors, with the most significant declines in Media & Entertainment, which fell by 1.71%, and Energy, down by 0.61%. Meanwhile, the Technology, Utilities, and Travel & Leisure sectors saw gains, with the Applications & Tech Services sector increasing by 2.37%. Regarding individual stocks, JGIL led the gains with a rise of 6.24%, while Takaful Island stock declined by 4.95%. Al Rajhi Bank had the highest trading volume, with a total turnover of 275.54 million SAR, despite decreasing by 0.44%.
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