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TASI Declines Slightly Amid Fed and Liquidity Einfluss
The Saudi Stock Exchange index "TASI" dipped slightly by 0.02%, closing at 10,779.96 points, after a session characterized by caution and mixed sector performances. Trading volumes, which reached around 3.5 billion riyals, reflect the ongoing state of anticipation related to the U.S. Federal Reserve's decision on interest rates, with liquidity levels and the performance of global stock markets playing a significant role in shaping the market's future trajectory. Analyses suggest that breaking above the 10,800-point level could potentially push the market towards a rally up to 11,000 points, while falling below it might deepen the decline towards 10,500 points, with the overall direction depending on monetary policy decisions and developments in global indices.
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