Talise Index Falls 0.31% at Open
The Saudi Stock Market (TASI) began trading on Thursday with a decline of 0.31%. The index was influenced by pressures from the basic materials sector and widespread sell-offs, resulting in a level of 10,107.33 points. The session saw a clear downturn, with 218 companies decreasing and 43 companies increasing, amid total trading values of 374.9 million riyals. The most significant declines were observed in the capital goods, commercial and professional services sectors, while the media, entertainment, and banking sectors experienced slight gains. The most traded stock was Al Rajhi Bank. The stocks also exhibited a mix of reaching new historical levels and hitting new lows during the session, following announcements of cooperation memoranda and important market disclosures by various companies.
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