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TASI climbs 1.05% beyond 10,500
The Saudi Stock Market Index "TASI" recorded an increase of 1.05%, closing at 10,589.95 points, regaining the important technical level of 10,500 points. This rise was supported by gains in most sectors, including food, technology, and insurance. This upward movement follows previous declines and its future outlook depends on continued buying momentum and improved liquidity. There are expectations of further rises towards 10,700 points if the market sustains above the 10,500-point level. During the session, there were strong gains in stocks such as "Enaya" and "National Steel," with active trading and high values. The quarterly earning results of companies are expected to influence the market's direction in the coming period.
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