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TASI Begins Week Up 1.48%
The Saudi Stock Market Index "TASI" opened its weekly trading session with an increase of 1.48%, equivalent to 154.18 points, reaching a level of 10,547.15 points. This positive performance was driven by the majority of stocks and gains in the Food and Media sectors. During the session, trading exceeded 356 million Saudi riyals, with "Almarai" stock rising following the announcement of its preliminary financial results and "ACWA Power" completing the second phase of the Rabigh expansion project. Meanwhile, "Redan" stock declined by 2.03%. "Al Rajhi Bank" led the trading value, with the Saudi Investment Bank announcing an increase in capital and other news related to agreements and market developments.
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