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TASI drops 0.86% at open
The Saudi Main Market Index, "TASI," declined by 0.86%, losing 87.03 points to reach 10,036.59 points at the start of Tuesday’s trading, due to selling pressure across most stocks. The decline was driven by a 1.82% drop in the utilities sector, along with decreases in the applications, technology services, telecommunications, and basic materials sectors. Meanwhile, the home and personal products sector experienced the smallest decline at 0.09%. The highest gain was seen in National Steel, which rose by 7.93%, while Ridhan (Reitan) saw the largest decrease of 3.93%. Despite the decline in its price, the Al Rajhi stock had the highest trading volume, with total trading values amounting to approximately 303 million riyals in the first few minutes of the session.
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