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TSI falls 0.34% as shares of 211 firms decline
The Saudi Stock Market (TASI) declined by 0.34%, losing 36.26 points to reach 10,684.02 points amid intense selling pressure. A total of 84.8 million shares were traded at a value of 1.46 billion Riyals. The Media and Entertainment sector led the declines with a drop of 2.88%, while the Telecommunications sector saw a slight increase of 0.21%, supported by Mobily's announcement of cash dividend distributions. Among the top gainers was Madinah Knowledge City, rising by 9.99% following the announcement of land sales, while stocks such as Tadawul Group and Lujam recorded their lowest levels in 52 weeks.
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