Tadawul drops 1.25 percent
The Saudi stock market (TASI) closed today's session on Wednesday with a decline of 1.25%, amid a predominantly negative performance across most major sectors, especially banks, which dropped by 2.44%. The total trading volume reached 5.29 billion riyals. Stocks experienced fluctuations, with many closing at historic low levels, including Amalik and Production shares, while some stocks like Taqeem and Americana saw relative gains. The performance was weak across major companies such as Aramco. The negative trend is attributed to market pressures throughout the session, with the index falling to its lowest levels in a year amid active trading and low price levels.
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