7 Hrs
Source:
الاقتصادية
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Source: الاقتصادية
7 Hrsالاقتصادية
Source: الاقتصادية
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The TASI rose 1.4%, or 140 points, to close at 10,308 in its third consecutive session of gains. Shares in 202 companies advanced, with gains across 21 of the 22 sectors, despite a 2.7% decline in trading value to SAR 4.78 billion. The rise coincided with a 32.5% increase in companies’ aggregate profits to SAR 190.3 billion, and a 14% increase excluding Aramco, to SAR 52.9 billion. However, the resurgence in government bond yields and higher interest rates are intensifying competition for liquidity, as the index tests resistance in the 10,300–10,350 range and its ability to hold above it.
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