Tasi closes down 2.32% on Thursday
The Saudi Stock Market "Tadawul" closed Thursday's session with a decline of 2.32%, losing 230.76 points to close at 9,695.86 points. Most stocks were sold off, and all sectors declined, especially the capital goods sector, which dropped by 5.3%. The session saw trades worth nearly 4.88 billion riyals, with a sharp drop in the prices of many stocks, most notably Electrical Industries and Abou Mouti, both hitting the maximum limit down (10%). Conversely, the Union Company’s stock increased by 10%. Several companies' shares also reached new historic lows. Throughout the session, the index ranged between a high of 9,887.6 and a low of 9,639.69, reflecting ongoing market pressure.
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