18 Days
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Tadawul dips slightly on low liquidity
The Saudi Stock Market Index (TASI) closed today with a slight decline of 0.03%, a loss of 3.46 points, finishing at 10,716.82 points. The session saw 190 companies decrease, while 65 companies rose, and 15 remained stable. The performance during the session was characterized by fluctuations, with the highest level reaching 10,732.75 points and the lowest dipping to 10,652.41 points. Total trading volume amounted to approximately 130.92 million shares valued at 2.38 billion Riyals. Sector losses were concentrated in Home Products and Personal Services (down 2.11%), Retail (down 2.08%), and Food (down 1.56%). Conversely, energy sectors rose by 0.62%, communications by 0.51%, and basic materials by 0.31%. The Knowledge City stock surged by nearly 10% following land sale announcements, while RASAS stock declined by 3.60%. Additionally, Petro Rabigh topped the activity list in both value (208.84 million Riyals) and volume, with some stocks, such as Taqeem and Madinah Cement, reaching their lowest trading levels since listing.
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