TASI slips 0.26% amid banking, real estate
The performance of the TASI index in the Saudi market saw a decline of 0.26%, losing about 25 points to close at 9,927 points. There was a significant dominance of losing companies and limited gains in the financial and real estate sectors. Trading focused on financial results for the banking and petrochemical sectors, with Murrana and Al-Kayan Saudi leading the gainers, while stocks such as Ladon, Watani, and Bank Alinma experienced noticeable declines. Several banks also announced their financial results for the nine-month period. The Capital Market Authority issued new regulatory decisions regarding disclosure and financial information. Meanwhile, some stocks reached historic lows or levels close to their lowest points of the year.
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