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TASI dips 0.40% across sectors
The Saudi Stock Exchange "TASI" index decreased by 0.40% to close at 11,024.73 points, influenced by declines across all major sectors led by banking and energy. About 189 companies recorded losses compared to 72 profitable companies, with total trading value reaching 3.42 billion riyals through 195.71 million shares. Shares of companies such as Banan, Armah, and Bahri rose, while the Ground Services stock declined by 6.95% following the announcement by Flynas of signing acquisition agreements. Al-Rajhi’s stock led in liquidity with a value of 407.38 million riyals, while Makkah Power’s stock reached its highest level in 52 weeks at 45.7 riyals, along with other stocks hitting new lows in the market.
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