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Saudi market dips as bank, media stocks fall
The Saudi stock market "TASI" closed the first session of the week with a slight decline of 0.15%, at the level of 10,360.74 points. This was due to selling pressures and profit-taking focused on stocks that had previously gained. The biggest losses were seen in banking, media, and logistics sectors, with Arab National Bank down by 3.31% and the Research and Media sector falling by 3.02%. The market's decline occurred amid a lack of positive catalysts, as investors awaited announcements from financial companies and quarterly results.
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