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Industry and Insurance Stocks Lead Saudi Market Decline at Week's End
The Saudi Stock Market (TASI) closed Thursday's trading session with a slight increase of 0.15%. However, many stocks experienced notable declines, especially in the industries and insurance sectors. The share of the Electrical Industries Company led the losers, falling by 6.42%, with active trading worth 83.68 million Riyals. Stocks in the long-term consumer goods, retail, and food sectors also declined, along with insurance companies such as Union, Liva, and Malath. Additionally, stocks in the capital goods and food sectors saw decreases ranging from 2.87% to 4.60%.
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