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TASI Falls 0.16% at Open
The Saudi Stock Market "TASI" index declined by 0.16% at the start of Wednesday's trading session, influenced by decreases in the utilities and energy sectors. The index dropped by 17.79 points to reach 11,213.82 points, with trading values amounting to approximately 629.22 million riyals through the exchange of 42.58 million shares from 270 companies. During this session, 156 companies saw their shares rise, while 91 companies experienced declines. The public utilities sector led the downturn, decreasing by 0.92%, primarily due to the decline in Acwa Power's stock. The energy sector also fell by 0.56%, led by decreases in Aramco and Petro Rabigh stocks. Conversely, the consumer services sector increased by 0.73%, communications by 0.36%, and transportation by 0.35%. The "Enaya" stock was the top gainer, rising by 9.94%, while "Petro Rabigh" experienced the largest decline, dropping by 2.61%. The Al Rajhi Bank stock recorded the highest trading value at 92.24 million riyals, despite its decrease of 0.36%.
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