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The Saudi stock market retreated during mid-session trading, with the benchmark index trimming part of the sharp losses recorded at the opening bell.

By midday, the Tadawul All Share Index (TASI) was down 2.43%, compared with losses nearing 5% at the start of trading.

The market had opened under heavy selling pressure, sending the index sharply lower within the first minutes of the session. However, a partial rebound later helped reduce losses to around 2.5%, reflecting some stabilization after the initial wave of sell-offs.