51 Days
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معلومات مباشر
Source: معلومات مباشر
51 Daysمعلومات مباشر
Source: معلومات مباشر
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The Saudi Stock Market Index "TASI" experienced a modest increase of 0.13%, closing at 10,878.46 points, as it attempts to regain stability after a sharp decline in the previous session. Technical support levels between 10,800 and 10,830 points are crucial for maintaining the upward trend, with the possibility of surpassing 10,900 points if liquidity continues to rise and leading sectors perform well. Despite the rise in oil prices, major stocks like "Aramco" still face pressure due to geopolitical risks. Market stability remains dependent on support levels, with current weak liquidity hindering a reliable upward movement. The session saw mixed performances among stocks, with "Mafraq" rising by 9.98%, while "Arabian Cement" experienced the largest decline of 4.91%. The main sectors, insurance and banking, posted gains, whereas the media, entertainment, and basic materials sectors declined. The market faced pressure as investors awaited the U.S. Federal Reserve's decisions on interest rates. Although oil prices increased, the impact remained limited due to geopolitical risks. Overall, market liquidity plays a vital role in shaping future upward movements.
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