Tadawul Falls 1.7% at Midday
The Saudi Market (TASI) experienced a decline of 1.69% midway through today's session, losing 171.39 points to reach 9,952.23 points. Widespread sell-off pressures affected 254 companies, with total trading volume amounting to 2.34 billion Riyals. The decrease was driven by a collective decline in the media and entertainment sector by 3.51%, real estate by 2.82%, and basic materials by 2.71%. Among individual stocks, the National Steel share led the gains with a rise of 5.17%, while Salama registered the largest decline at 5.49%. The market also saw financial disclosures from major companies and the announcement that Al Rajhi Financial has joined the Financial Derivatives Market.
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