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Saudi market declines led by mining, utilities
The Saudi stock market ended Wednesday's session with a slight decline of 0.13%, amid concentrated pressure on the mining, utilities, and financial services sectors. Shares of mining companies such as Ma’aden (Ma’aden Aluminum) declined by 4.35%, affected by global metal price fluctuations and selling pressures. Utilities and electricity sectors also saw declines. Other stocks, including Aramco, real estate, and insurance, experienced drops due to market adjustments and expectations of changes in financing costs and interest rates, amidst a general sense of hesitation among investors.
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