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Saudi retail and real estate lead gains
The Saudi stock market experienced a slight decline today, decreasing by 0.40%, with the TASI index losing 43.18 points to reach 10,698.81 points. Despite this, some leading and mid-cap stocks saw notable gains, especially in the retail, real estate, and insurance sectors. Among the advancers, Darais shares rose by 6.34% to close at 114.1 riyals, King Abdulaziz City for Science and Technology (KACST) shares increased by 5.49%, and Gulf Insurance shares went up by 5.92%. Other stocks, such as Al-Asmak and Etihad Educational, also showed significant gains, with high trading values, reflecting positive activity in the market despite the overall decline.
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