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Shipping surge and contractor failure overview
The trading session at the end of the week saw a mixed performance across market sectors. The Transportation and Shipping Services sector led the gainers with an increase of 4.9%. Conversely, the Contracting and Engineering Construction sector experienced the largest decline of 3.5%, amid selling pressure on its shares. Additionally, the Real Estate, Industries, Supporting Services, and Energy sectors declined by rates ranging from 0.1% to 0.5%. These movements reflected on the performance of the indices, with liquidity flowing towards stocks related to the transportation and shipping sector.
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