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TASI falls 1.32% amid sector declines
The Saudi stock market experienced a sharp decline in the performance of the Tadawul All Share Index (TASI) during Thursday's session, losing 138.82 points, or 1.32%, to close at 10,403.41 points. All sectors declined except for the energy sector, which recorded a slight increase of 0.03%. The sectors of media, entertainment, insurance, and transportation topped the list of decliners. Meanwhile, the National Steel stock rose by 10%, reaching its highest level in 52 weeks. Today’s session also saw some stocks decline to their lowest levels of the year, with trades totaling 2.48 billion riyals, amid broad selling pressure across 256 companies.
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