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Saudi Stocks Close Lower

The saudi exchange's main index closed lower on sunday:he Saudi Exchange's main index closed lower on Sunday, falling 79.39 points to 11,158.54, with trading valued at SR 3.5 billion. A total of 192 million shares were traded during the session. Shares of 90 companies rose, while those of 172 companies declined. The Saudi Exchange's parallel market index (Nomu) also closed lower, falling 26.52 points to 21,771.14, with trading valued at SR 22 million on a volume exceeding two million shares.

According to Qatar News Agency, the trading session witnessed a decline in the overall market performance. The main index's dip indicates a challenging day for investors, with more companies experiencing a downturn in their stock prices compared to those that saw gains. The parallel market index also mirrored this trend, highlighting a consistent decline across different segments of the exchange.

The trading activity, as reflected by the volume of shares exchanged, signifies a high level of engagement among market participants despite the overall negative movements. The data underscores the dynamic nature of the Saudi stock market, with fluctuations occurring amid varying investor sentiments and broader market conditions.

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