Analysts cite rising fears and lower risk appetite impacting Tadawul

The Saudi Market Index "TASI" experienced a sharp decline of 2.32%, closing at 9,695.86 points due to widespread selling pressure across all sectors. Ongoing geopolitical tensions have heightened investors' fears and negatively impacted risk appetite. Analysts explained that breaking below the 9,700-point level signals a negative outlook and increases the likelihood of the index retreating to support levels of 9,600 and 9,500 points. Meanwhile, caution remains high, and investment interest continues to decline. The market's recovery depends on calming geopolitical tensions and the return of liquidity.

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