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Saudi market falls as real estate stocks lead
The Saudi stock market experienced a decline in the performance of real estate companies and traded real estate funds, despite a slight increase in the overall index. Ladun Investment Company led the list with the largest decrease of 5.91%, while Riyad REIT Fund declined by 4.06%, amid ongoing reevaluation of financial positions within the REIT sector. Shares of Ermah Sports, Naseej International, and Safety All-inclusive also saw similar declines, reflecting selling pressure and correction processes in the real estate and related stock markets.
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