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TASI Index Falls Amid Sector Pressure
The Saudi "TASI" index declined by 0.68% at midday due to selling pressures affecting 224 companies, while 40 companies saw rises. The utilities sector experienced the biggest drop, falling 2.66%, whereas the media and transportation sectors saw slight gains. The most traded stocks were Al-Rajhi and Saudi Iron & Steel, with some shares reaching new price and historical levels. Additionally, there were regulatory disclosures concerning contracts and Board of Directors' results.
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