TASI declines for second consecutive session at fastest pace in two weeks amid banking sector pressure

The Saudi stocks declined for the second consecutive session, with the "TASI" index dropping 0.8% to close at 10,716 points. This came amid a decline of 186 companies compared to the rise of 74 companies. The market index fell below a support level of 10,675 points, while the trading volume increased to 4.45 billion riyals. The banking sector remained the most affected, decreasing by 1.9%, despite the energy sector recording a 1.3% rise, supported by a 1.4% increase in the "Aramco" stock.

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