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Tadawul Index drops 1.27% on opening
The Saudi main stock index, Tadawul, declined by 1.27% at the start of today’s session, Sunday, as selling pressures affected most stocks and sectors. The banking sector fell by 1%, while the transportation sector experienced the largest decrease of 2.63%. The index reached a high of 10,310.09 points before dropping to 10,238.78 points. Trading volume was approximately 398.7 million riyals through 28.7 million shares. Among the stocks, "National Steel" led the gains with an increase of 7.02%, while "Lazurde" recorded the lowest level with a decline of 4.40%. The session saw financial results, managerial changes, and new low price levels for some companies, amid active trading movement.
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