TASI drops 0.16% at midday
The Saudi Stock Market Index (TASI) declined by 0.16%, with shares of healthcare and basic materials companies decreasing. Meanwhile, the food, consumer services, and real estate development sectors performed positively. The fluctuations in stocks led to a further decline in the shares of Alsama, Bank Aljazira, and SABIC Agricultural Chemicals, while stocks such as MIS and Mafraq reached record highs. Trading was active on stocks like Petro Rabigh and Al Rajhi, with total trading values reaching approximately 2.36 billion riyals. The market also saw record movements for several stocks, with Naeema Water, Nufud, and Nakhla Cement hitting new all-time highs, while shares of Tadawul Group, Shaker, and GAS Holding decreased to their lowest levels in 52 weeks.
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