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Basic materials and energy stocks outperform TASI
The Saudi stock market experienced a positive performance from several leading stocks in the basic materials and energy sectors, while the TASI index closed down by 0.26%, reaching 9,926.62 points. Stocks such as Marafiq, Kayan Saudi Arabia, Alkhorayef, SABIC, and SABIC Agricultural Inputs posted clear gains ranging from 2.91% to 6.37%. These gains were accompanied by high trading volumes and strong liquidity, reflecting a relatively optimistic outlook on the performance of industrial and manufacturing companies in the market.
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