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Kemamental, Etihad, Sinomi lead Saudi gains
The Saudi stock market demonstrated strong performance today, with the Tadawul All Share Index (TASI) rising by 0.03% to close at 10,911.58 points. This increase was driven by notable gains in leading and mid-sized stocks across various sectors. Among the top gainers was Kemco, whose share price jumped by 9.96% to reach 30.24 riyals, with trading valued at 7.68 million riyals through 0.26 million shares, supported by improved investor sentiment towards the basic materials sector. Additionally, United Insurance and Synomy Retail recorded significant increases of 7.45% and 7.41%, respectively, with very high trading volumes, alongside strong performances in the energy, healthcare, and petrochemicals sectors. Overall, today's performance reflects a positive trend among investors favoring leading and mid-sized stocks in the Saudi market.
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