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Inaya, Wadani Hadeed, Arab Sea lead Tadawul gains
The Saudi Stock Market "TASI" closed on Tuesday with an increase of 1.05%, gaining 110.17 points to close at 10,589.95 points. The rise was led by the insurance, tech services, food production, and utilities sectors. The share of "Inaya" topped the gainers, increasing by 9.97% to close at 11.14 riyals, with a trading value of 18.49 million riyals. The trading value of shares in "National Steel" and "Bahr Al Arab" reached approximately 20,011.81 million riyals respectively. Shares of the insurance, basic materials, and consumer services sectors also rose, with strong performances from "Amanat Insurance," "Nagrana Cement," and "Saudi Fish." Meanwhile, the telecommunications sector experienced a slight decline, and the pharmaceutical sector remained stable. "Al Rajhi Bank" and "Aramco" were among the largest in both trading volume and value. The market is expected to maintain its gains above the 10,500-point level, supported by continued buying momentum.
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