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Insurance stocks lead Saudi declines
During the Saudi stock market session at the end of the week, there were declines in the shares of the insurance, financial services, and small industrial sectors, despite the main index closing positively. The National Company for Insurance led the losers with a decline of 3.10%, followed by Walaa with a decrease of 2.81%. The downturn came after a wave of previous gains, coinciding with technical profit-taking, which caused several other stocks to decline, including Lava, Integrated, Paper Industry, Naseej, PSF, and Tabuk Agricultural. Trading values also decreased in some stocks.
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