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The TASI index of the Saudi financial market declined by 0.58%, with most sectors experiencing a downturn, led by the basic materials sector which fell by 1.56%. Some stocks reached record highs, such as the Knowledge City stock, which increased by 10% following the announcement of land sales. Meanwhile, other stocks declined due to the outcomes of meetings and market expectations. The trading value until the mid-session was approximately 1.7 billion riyals, with liquidity concentrated in major companies. The market performance was influenced by sector fluctuations and the varied performance of individual stocks.
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