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TASI declines amid 200 company pressure
The Saudi stock market "TASI" experienced a decline at the close of trading today, Monday, as the index dropped by 0.65%, losing 66.15 points to close at 10,123.62 points, influenced by a decline in the shares of 200 companies. The sectors leading the decline were media and entertainment, insurance, and commercial and professional services, with notable drops in the shares of major companies such as "National Steel" by 9.94% and "Amlak" by 7.4%. On the other hand, 63 companies rose, led by "Bahr Al Arab" with a gain of 9.87% and "Mutaqaddim" up 5.79%. Total trading value amounted to 3.54 billion Riyals through the trading of 301.57 million shares, with "Al Rajhi Bank" stock dominating the highest trading value.
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