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Tadawul stocks correcting due to ‘seasonality reasons’
Saudi Arabia's Tadawul All-Share Index (TASI) plunged 1.7 percent to 9,344.11 points in thin trade, dropping below its 200-day average, now at 9,433. “Due to drop in oil prices, the market trend is downward, perhaps the only qualified institution (HSBC) is waiting for bottom line prices in the current scenario,”…
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Click here to read the full story: Arab News