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الاقتصادية
TASI shows limited moves before Fed
The Saudi stocks concluded today's session with a modest decline in the general index, which fell to 11,115 points, a decrease of 0.3%. Liquidity also declined to approximately 4.24 billion riyals, down by about 9%. This came ahead of the U.S. Federal Reserve meeting, amid data that weakened the prospects of a rate cut and movements in energy prices due to geopolitical developments. These factors reflect divergence within the market between high and low multiple stocks. Although the index remains above the 11,000-point level, the internal structure's weakness indicates its relative fragility, with ongoing internal reshuffling among companies.
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