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Benan and Armah lead Saudi Market gains
The Saudi Stock Market (TASI) experienced varied gains amid a 0.40% decline in the overall index. Shares of Banan and Armah showed strong increases, with Banan’s stock rising by 8% to reach 3.24 riyals, with trading volumes around 12.45 million riyals. Meanwhile, Armah’s share increased by 7.81%, closing at 55.2 riyals with trades valued at 24.52 million riyals. Shares of companies such as Al-Ittihad, Naki, Sadaq, Nasil, Marinah, and Bahri also saw gains ranging from 3.15% to 5.21%, supported by high trading volumes and varying market values. Notably, Bahri’s stock had the highest trading value among the gainers, exceeding 101 million riyals.
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