19 Hrs
Source:
الاقتصادية
Tsasi liquidity hits 6-month low
The Saudi "TASI" index declined by 0.4% to close at 11,076 points, amid a sharp drop in liquidity which reached 2.79 billion riyals—the lowest level since January— amid investors' preference for low-multiple stocks. Companies with P/E ratios above 25 performed poorly, capturing only 17% of the liquidity and exhibiting negative performance, while those with ratios below 15 remained relatively stable. The market is expected to continue experiencing a tight monetary environment alongside Q2 results.
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