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2026-11-04T13:57:51.603Z

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TASI Eyes 10,500 Mark

TASI Eyes 10,500 Mark

Saudi Arabia’s TASI index regained the 10,000-point mark, closing at 10,038 in Wednesday’s trading, supported by blue-chip stocks—particularly the banking sector and Al Rajhi Bank—and liquidity approaching 4 billion riyals. Two analysts say improved liquidity and companies’ third-quarter 2026 results, along with the return of selective buying by foreign investors, support the prospects for a continued recovery. Hanan Ramsis expects the index to target 10,250 points, followed by 10,500 if it breaks above that level. Adel Al-Huwail identifies 10,100 and 10,200 as nearby technical milestones, and says it is important for TASI to remain above 10,000 points.

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