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TASI dips 1.19% at midday
The Saudi stock market experienced a significant decline in the middle of Wednesday, as the "TASI" index dropped by 1.18% to reach 10,195.77 points, due to widespread selling pressures affecting most stocks. Trading value totaled approximately 1.885 billion riyals across 109 million shares. Some stocks saw limited gains, such as "National Steel," which rose by 9.97%, and "Burgraizer," which increased by 5.24%. In contrast, many stocks declined, with all sectors ending on a collective downturn, especially the Media, Entertainment, and Basic Materials sectors. Meanwhile, the Parallel Market index "NOMU" decreased by 1.44%, reaching 21,712.51 points.
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