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TASI index falls 0.28% in weekly close
Expectations of improved performance in the Saudi stock market after today’s decline, as the Tadawul index started the session down by 0.28%, influenced by pressures on the basic materials and banking sectors. The session experienced fluctuations between a high of 10,777.87 points and a low of 10,732.73 points, with trading volume reaching 339.53 million riyals in the first 20 minutes. Shares of companies such as Electrical Industries and Knowledge City saw notable increases following financial results and sales announcements, while stocks like Jomjom Pharma and SABIC declined, with liquidity focusing on leading stocks. The market may see a rebound in upcoming sessions after the daily pressures.
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