24 Hrs
Source:
الاقتصادية
TASI hits 10954 points with Maaden support
The Saudi stock exchange rose for the third consecutive time, with the main index "TASI" increasing by 0.3% to reach 10,954 points, supported by an increase in the largest market-traded stock, "Maaden." Despite the surge in liquidity to 5.1 billion riyals, the index is still trading around the 200-day moving average and has not surpassed the 10,900-point level, indicating a need for positive catalysts to push the market toward a stronger upward wave. Current returns are considered stable, but they are mixed with challenges in attracting new investments, and the market remains 7% below its annual peak.
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