Saudi stock market opens week down 0.90%
The Saudi stock market started the week on a lower note, with the TASI index dropping by 0.90%, equivalent to about 99.62 points, reaching a level of 10,907.65 points. Most of the main sectors declined, especially utilities, basic materials, and energy, while some stocks experienced sharp declines, most notably "Petro Ragh." This stock fell by 8.27%, whereas others like "Armoh" saw gains of around 5.28%. The total trading value was approximately 908.73 million riyals, with mixed performance across stocks. Importantly, the majority of stocks declined amid reactions related to disclosures and minimum price restrictions for some stocks.
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