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Armaḥ and Al Ta'mir top Saudi gains
The Saudi stock market experienced a rise today, with many leading and mid-cap stocks performing well. Armahm Sports Company led the gains, increasing by 9.95% to reach 71.85 SAR, with transactions totaling 76.76 million SAR. Al Riyad for Development also saw an increase of 5.68%, with trading values of 15.15 million SAR, following the announcement of strategies to maximize returns from its assets. Additionally, the Saudi Reinsurance Company’s stock rose by 3.67%, with high trading volumes amounting to 148.03 million SAR, as a result of disclosures regarding the renewal of reinsurance contracts and expanding its investment portfolio. Gains were also recorded in other stocks such as Sasco, Fakhim Medical, Nayyifat, Ata Educational, and Almarai Systems for Information, indicating growing confidence in operational performance and the development of growth strategies in the Saudi market.
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