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Business
Saudi Stocks Rebound 0.9%, Recouping Previous Session's Losses
Saudi stocks closed higher on Monday, recovering some of the losses sustained in the previous session as heavyweight shares strengthened and the banking sector advanced. The benchmark Tadawul All Share Index (TASI) rose 0.90% to close at 10,106 points, gaining 90 points. Total trading value reached approximately SAR 3.5 billion ($933 million). The index had fallen 0.8% on Sunday amid selling pressure on heavyweight stocks.
Business
Closing Bell: Saudi Arabia’s Tadawul rises 0.9% to close at 10,107
On Monday, Saudi Arabia’s Tadawul All Share Index increased by 0.90%, closing at 10,106.72, with 179 companies advancing in a trading volume surpassing SR4.27 billion. In contrast, the Nomu parallel market fell by 0.25%. Notable gainers included Anaam International Holding and Fitaihi Holding Group, while Almunajem Foods Co. led the decliners.
Business
Taxation Society signs one-year platinum partnership with Sun Management Group
The partnership aims to strengthen professional collaboration, knowledge sharing and industry engagement across the UAE’s tax and financial sectors